Onix Solar Energy Ltd Sees Significant Buying Activity Amidst Strong Price Gains

May 26 2025 11:35 AM IST
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Onix Solar Energy Ltd is experiencing notable buying activity, outperforming the Sensex. The stock has gained significantly over the past week and achieved consecutive gains for 10 days, resulting in a substantial return. However, its monthly performance shows a decline, indicating mixed market sentiment.
Onix Solar Energy Ltd is currently witnessing significant buying activity, marking a notable performance in the non-ferrous metals sector. The stock has gained 1.98% today, outperforming the Sensex, which has risen by 0.51%. Over the past week, Onix Solar Energy has shown a robust increase of 10.34%, while the Sensex has only managed a slight gain of 0.09%.

The stock has been on a positive trajectory, achieving consecutive gains for the last 10 days, resulting in an impressive 40.69% return during this period. However, its performance over the past month reflects a decline of 7.11%, contrasting with the Sensex's increase of 3.69%.

Today, Onix Solar Energy opened at 237 and has maintained this price level throughout the trading session. The stock is currently trading above its 5-day, 20-day, and 200-day moving averages, although it remains below the 50-day and 100-day moving averages. This performance indicates a potential shift in market sentiment, contributing to the heightened buying pressure observed in recent trading sessions.
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