Onix Solar Energy Ltd Achieves 13-Day Winning Streak Amid Sector Gains

Onix Solar Energy Ltd is currently witnessing significant buying activity, marking a notable performance in the non-ferrous metals sector. The stock has experienced consecutive gains over the past 13 days, accumulating a remarkable 49.24% return during this period. Today, Onix Solar Energy Ltd recorded a gain of 1.99%, significantly outperforming the Sensex, which only increased by 0.04%.
In terms of weekly performance, Onix Solar Energy has surged by 10.34%, while the Sensex managed a modest 0.48% rise. However, the stock's performance over the past month shows a decline of 2.93%, contrasting with the Sensex's increase of 1.31%. Year-to-date, Onix Solar Energy has delivered a return of 9.00%, compared to the Sensex's 4.10%.

The stock opened at 251.4 and has maintained this price throughout the trading session. It is currently trading above its 5-day, 20-day, 50-day, and 200-day moving averages, although it remains below the 100-day moving average. The non-ferrous metals sector overall has seen a gain of 2.1%, which may contribute to the buying pressure observed in Onix Solar Energy Ltd.