Selan Explorations Technology Ltd reaches all-time high, outperforms sector by 14.19%

Aug 06 2024 09:20 AM IST
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Selan Explorations Technology Ltd, a smallcap company in the oil exploration and refineries industry, has gained attention in the stock market with its all-time high stock price of Rs. 1099.8 on August 6, 2024. The stock has also shown impressive performance, outperforming the sector by 14.19% and trading higher than its moving averages. With a strong performance of 166.87% in the past year, Selan Explorations Technology Ltd is a promising player in the industry.

Selan Explorations Technology Ltd, a smallcap company in the oil exploration and refineries industry, has been making waves in the stock market. On August 6, 2024, the company's stock price reached an all-time high, touching Rs. 1099.8. This has caught the attention of investors and market experts, with MarketsMOJO giving the stock a 'Buy' call.

Selan Explorations Technology Ltd has also been listed as part of the Momentumnow Stocks on MarketsMOJO since June 5, 2024. The stock has shown impressive performance today, outperforming the sector by 14.19%. It opened with a gap up of 14.19% and reached an intraday high of Rs. 1099.8. The stock has maintained a steady price of 1099.8 throughout the day, indicating strong investor interest.

The stock has also shown high volatility today, with an intraday volatility of 10.91%. This is calculated from the weighted average price, further highlighting the strong interest in the stock. Selan Explorations Technology Ltd is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the stock's performance.

In the past year, Selan Explorations Technology Ltd has shown an impressive performance of 166.87%, compared to the Sensex's performance of 21.27%. This further solidifies the company's position as a strong player in the oil exploration and refineries industry. With its recent all-time high and positive performance, Selan Explorations Technology Ltd is definitely a stock to watch out for in the market.
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