Setco Automotive Ltd Sees Strong Buying Activity Amid Broader Market Decline

Apr 30 2025 10:35 AM IST
share
Share Via
Setco Automotive Ltd is experiencing notable buying activity, with the stock gaining for the second consecutive day. It has outperformed the Sensex recently, showing a strong one-year return. Despite challenges over five years, today's trading reflects positive momentum, with the stock above several moving averages.
Setco Automotive Ltd is currently witnessing significant buying activity, with the stock rising by 1.96% today, outperforming the Sensex, which has dipped by 0.09%. This marks the second consecutive day of gains for Setco, accumulating a total return of 3.05% over this period.

In terms of performance metrics, Setco's one-year return stands at 29.07%, significantly higher than the Sensex's 7.70%. However, the stock has faced challenges over the longer term, with a five-year performance of 79.98% compared to the Sensex's impressive 137.91%.

Today's trading saw Setco open with a gap up, indicating strong initial buyer interest, and it reached an intraday high that reflects this momentum. The stock's current price is above its 5-day, 100-day, and 200-day moving averages, suggesting a positive short-term trend, although it remains below the 20-day and 50-day moving averages.

Factors contributing to the buying pressure may include recent market developments or sector-specific news, although specific details were not provided. Overall, Setco Automotive's performance today highlights a notable divergence from broader market trends.
{{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