MarketsMOJO notes 5% rise in Waaree Renewables Technologies stock on October 30, 2024

Waaree Renewables Technologies, a midcap company in the electric equipment industry, saw a 5.0% increase in its stock on October 30, 2024. This rise in stock price was noted by MarketsMOJO, who have given a 'Sell' call for the company.

According to the price summary, Waaree Renewables Technologies outperformed the sector by 4.28% on the day. The stock also showed a trend reversal, gaining after four consecutive days of falling. It reached an intraday high of Rs 1441.5, which is a 5% increase.

However, the moving averages for Waaree Renewables Technologies show that it is currently trading lower than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a downward trend in the stock's performance.

In comparison to the Sensex, Waaree Renewables Technologies had a 1-day performance of 5.00%, while the Sensex had a performance of -0.31%. Similarly, over the past month, the company's performance was -24.29%, while the Sensex had a performance of -4.96%.

It is important to note that this news article is based on factual information and does not include any speculation or recommendations from experts or investors. Waaree Renewables Technologies continues to be a key player in the electric equipment industry, and its stock performance will be closely monitored by investors and analysts.