Selan Explorations Technology Ltd Shows Strong Stock Performance, Outperforms Sector and Sensex

Selan Explorations Technology Ltd, a smallcap company in the oil exploration and refineries industry, has seen a positive trend in its stock performance. On October 30, 2024, the stock gained 8.46%, outperforming the sector by 8.89%. This has led to a 'Hold' call on the stock by MarketsMOJO.

The stock has been a part of the Momentumnow Stocks on MarketsMOJO since June 5, 2024 and has also been a part of the Reliable Performers since August 7, 2024. This indicates a consistent and reliable performance by the company.

In terms of price, Selan Explorations Technology opened with a gain of 5.38% today and touched an intraday high of Rs 921.3, a 10.07% increase. The stock has also been highly volatile today with an intraday volatility of 59.14%. However, it is currently trading higher than its 5 day, 20 day, 50 day, 100 day and 200 day moving averages.

Comparing its performance to the Sensex, Selan Explorations Technology has outperformed with a 1 day performance of 8.46% compared to the Sensex's -0.25%. In the past month, the stock has also performed better with a 6.93% increase compared to the Sensex's -4.90%.

Overall, Selan Explorations Technology has shown a positive trend in its stock performance and has been consistently performing well. Investors may want to keep an eye on this smallcap company in the oil exploration and refineries industry.