Selan Explorations Technology Ltd's Stock Reaches 52-Week High, Recognized as 'Buy' by MarketsMOJO

Jun 14 2024 09:35 AM IST
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Selan Explorations Technology Ltd, a smallcap company in the oil exploration and refineries industry, has been gaining attention in the stock market. On June 14, 2024, the stock reached a 52-week high of Rs.789.95 and has been listed as part of the Momentumnow Stocks on MarketsMojo since June 5, 2024. The company has outperformed its sector by 3.2% and has shown consecutive gains for the last 3 days, with a 23.73% increase in returns. Selan Explorations Technology Ltd is currently trading higher than its moving averages and has shown an impressive performance of 157.78% in the past year, showcasing its potential for growth and success 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 recently. On June 14, 2024, the company's stock price reached a 52-week high, hitting Rs.789.95. This positive momentum has been recognized by MarketsMOJO, who have given 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. This further solidifies the company's strong performance in the market.

In terms of price performance, Selan Explorations Technology Ltd has outperformed its sector by 3.2% and has been on a consecutive gain for the last 3 days, with a 23.73% increase in returns during this period. The stock also touched an intraday high of Rs.789.95, a 4.72% increase.

Moreover, Selan Explorations Technology Ltd is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

In the past year, Selan Explorations Technology Ltd has shown an impressive performance of 157.78%, compared to the Sensex's 21.18% performance. This showcases the company's potential for growth and success in the oil exploration and refineries industry.

Investors looking for a promising smallcap company in the oil industry may want to consider Selan Explorations Technology Ltd. With its recent high stock price and positive performance, the company shows great potential for future growth and success.
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