Schneider Electric Infrastructure Hits New 52-Week High Amid Strong Buying Activity

Schneider Electric Infrastructure Ltd is witnessing significant buying activity, with the stock rising 5.00% today, outperforming the Sensex, which gained only 0.18%. Over the past week, Schneider Electric has increased by 7.72%, while the Sensex declined by 0.68%. This trend continues over the month, with a remarkable 19.26% rise for Schneider Electric compared to a 2.47% drop in the Sensex.
The stock has been on a strong upward trajectory, achieving consecutive gains for the last three days, accumulating a total return of 11.43% during this period. Today, it reached a new 52-week high of Rs 1001.8, reflecting robust market interest. The stock opened with a gap up and touched an intraday high of Rs 1001.8, while the day's low was Rs 922.05.

Schneider Electric's performance is notable across various time frames, with a staggering 809.07% increase over three years and a remarkable 1261.14% rise over five years, significantly outpacing the Sensex's performance in the same periods. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong bullish trend.