Onix Solar Energy Ltd Achieves Remarkable Gains Amid Strong Market Momentum
Onix Solar Energy Ltd is experiencing notable buying activity, significantly outperforming the broader market. The stock has shown impressive gains over various time frames, including a 36.94% rise in the past month and a remarkable 1552.03% increase over the last three years, indicating strong market momentum.
Onix Solar Energy Ltd is currently witnessing significant buying activity, with the stock showing a remarkable performance compared to the broader market. Today, Onix Solar Energy has gained 1.99%, while the Sensex has only increased by 0.03%. Over the past week, the stock has risen by 10.37%, contrasting with a slight decline of 0.27% in the Sensex. In the last month, Onix Solar Energy has surged by 36.94%, significantly outperforming the Sensex's modest gain of 1.56%. The stock's impressive performance extends to a year-to-date increase of 67.96%, compared to the Sensex's 6.82%. Over the past three years, Onix Solar has delivered an extraordinary return of 1552.03%, while the Sensex has risen by 53.20%.
The stock has been on a consecutive gain streak for the last five days, accumulating a total return of 10.24% during this period. Onix Solar is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The stock opened with a gap up and reached an intraday high, reflecting robust buyer interest and market momentum in the non-ferrous metals sector.
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