Selan Explorations Technology: A Strong Performer in Oil Industry, Stock Reaches 52-Week High

May 08 2024 09:35 AM IST
share
Share Via
Selan Explorations Technology (Selan) has been performing exceptionally well in the oil exploration and refineries industry, with its stock price reaching a 52-week high on May 8, 2024. The stock is currently trading close to its high, showing a strong upward trend. Selan's stock has also outperformed the Sensex in the past year, making it a promising investment option in the smallcap market.


Selan Explorations Technology (Selan) has been making waves in the oil exploration and refineries industry with its impressive performance. The company's stock price recently touched a 52-week high on May 8, 2024, indicating a positive trend for investors.

According to MarketsMOJO, Selan's stock is a 'Buy' call, further solidifying its potential in the market. The stock is currently trading at a price that is only 2.16% away from its 52-week high of Rs 724.85, showing a strong upward momentum.

Despite underperforming the sector by -0.31% today, Selan's stock has been highly volatile with an intraday volatility of 64.59%. This can be attributed to the company's strong performance and investor interest.

Moreover, Selan's stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. This is a positive sign for investors looking to invest in the company.

In the past year, Selan's stock has outperformed the Sensex by a significant margin, with a 152.26% growth compared to Sensex's 18.72% performance. This showcases the company's strong potential and growth in the oil exploration and refineries industry.

With its impressive performance and positive outlook, Selan Explorations Technology is definitely a company to watch out for in the smallcap market. Investors can consider adding Selan's stock to their portfolio for potential long-term gains.
{{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