Orient Green Power Company's Stock Surges 9.21%, Outperforms Sector and Market

Sep 16 2024 10:30 AM IST
share
Share Via
On September 16th, 2024, Orient Green Power Company, a smallcap company in the power generation and distribution industry, saw a 9.21% increase in its stock price, outperforming the sector by 6.94%. Despite being given a 'Strong Sell' call by MarketsMojo, the company's stock has been on a consecutive 3-day gain streak and is currently trading higher than its moving averages. It has also outperformed the Sensex by 8.67% in just one day and has shown a 2.80% increase in the past month. Investors and analysts will be closely monitoring the company's future performance.

Orient Green Power Company, a smallcap company in the power generation and distribution industry, has seen a significant increase in its stock price on September 16th, 2024. The stock gained 9.21%, outperforming the sector by 6.94%.

According to MarketsMOJO, a leading stock market analysis platform, the stock has been given a 'Strong Sell' call. However, the company's performance today has been impressive, with a consecutive gain for the last 3 days and a 10.3% increase in returns during this period. The stock also touched an intraday high of Rs 21.98, a significant 8.81% increase.

In terms of moving averages, Orient Green is currently trading higher than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages. This indicates a positive trend for the company's stock.

Comparing the performance of Orient Green with the overall market, the stock has outperformed the Sensex by 8.67% in just one day. In the past month, the company's stock has also performed better than the Sensex, with a 2.80% increase compared to the market's 3.29% growth.

Orient Green Power Company is a smallcap company, but its recent performance in the stock market has been noteworthy. Investors and analysts will be keeping a close eye on the company's future performance to see if it can sustain this positive trend.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
Why is Vishal Mega Mart falling/rising?
57 minutes ago
share
Share Via
Why is Purple United falling/rising?
57 minutes ago
share
Share Via
Why is Waaree Energies falling/rising?
57 minutes ago
share
Share Via
Why is Gala Precis. Eng falling/rising?
57 minutes ago
share
Share Via
Why is Motherson Wiring falling/rising?
58 minutes ago
share
Share Via
Why is DCX Systems falling/rising?
58 minutes ago
share
Share Via
Why is Jana Small Finan falling/rising?
58 minutes ago
share
Share Via