Reliance Infrastructure Stock Sees 5% Increase, Outperforms Sector and Short-Term Sensex

Reliance Infrastructure, a midcap company in the power generation and distribution industry, has seen a 5.0% increase in its stock on November 25, 2024. According to MarketsMOJO, a leading stock market analysis platform, the stock is currently rated as 'Hold'.

In terms of price performance, Reliance Infrastructure has outperformed its sector by 1% today. The stock has been on a consecutive gain for the last 2 days, with a 6.7% increase in returns during this period. It also opened with a gain of 3.38% today and touched an intraday high of Rs 269 (4.59%).

While the stock's moving averages are higher than the 5 day, 100 day, and 200 day moving averages, it is lower than the 20 day and 50 day moving averages. In the power generation/distribution sector, Reliance Infrastructure has gained by 2.36%.

In comparison to the Sensex performance, Reliance Infrastructure has outperformed with a 5.00% increase in the last 1 day, while the Sensex has only seen a 1.58% increase. However, in the last 1 month, Reliance Infrastructure has seen a -3.28% decrease, while the Sensex has seen a 1.21% increase.

Overall, Reliance Infrastructure has shown a positive performance in the stock market, outperforming its sector and the Sensex in the short term. However, its long term performance has been slightly lower than the Sensex. Investors are advised to hold their positions in the stock, according to MarketsMOJO.