Jeevan Scientific Technology Ltd Surges 3.59% to New 52-Week High of Rs. 66.89
Jeevan Scientific Technology Ltd is experiencing notable buying activity, with the stock achieving a new 52-week high and significant gains over the past week and month. The stock has shown consistent upward momentum, outperforming the broader market and benefiting from trends in the healthcare services sector.
Jeevan Scientific Technology Ltd is currently witnessing significant buying activity, with the stock gaining 3.59% today, outperforming the Sensex, which rose only 0.16%. Over the past week, Jeevan Scientific has surged by 43.76%, while the Sensex has seen a modest increase of 1.33%. The stock's performance over the last month is particularly notable, with a remarkable 73.46% rise compared to the Sensex's 1.10%.Today, the stock opened with a gap up of 4.99% and reached an intraday high of Rs 66.89, marking a new 52-week high. This strong performance is part of a broader trend, as Jeevan Scientific has experienced consecutive gains for the last 13 days, accumulating a total return of 97.26% during this period.
The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum. The healthcare services sector's dynamics, along with the company's microcap status, may be contributing factors to the heightened buying pressure observed in recent trading sessions.
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