Shipping Corporation of India Land & Assets Ltd (SCI) Outperforms Sector with 8.95% Gain on November 27, 2024

Shipping Corporation of India Land & Assets Ltd (SCI) has shown a strong performance in the stock market, gaining 8.95% on November 27, 2024. The stock has been on an upward trend for the past four days, with a consecutive gain of 15.43% during this period. This outperformance is reflected in the stock's performance today, as it has outperformed the sector by 7.71%.

The stock also saw high volatility today, with an intraday volatility of 6.34%. This is calculated from the weighted average price, indicating that the stock has been highly volatile throughout the day. However, despite this volatility, the stock has managed to touch an intraday high of Rs 72.45, which is a 10.48% increase from its previous closing price.

In terms of moving averages, the stock is currently higher than its 5-day, 20-day, and 50-day moving averages. However, it is lower than its 100-day and 200-day moving averages. This suggests that the stock has been performing well in the short term, but may have faced some challenges in the longer term.

When compared to the overall performance of the Sensex, Shipping Corporation of India Land & Assets Ltd has outperformed with a 1-day performance of 8.89% compared to the Sensex's -0.05%. In the past month, the stock has also shown a strong performance, with a 1-month performance of 19.30% compared to the Sensex's 0.71%.

Overall, Shipping Corporation of India Land & Assets Ltd has shown a strong performance in the stock market, with a significant gain on November 27, 2024. However, it is important to note that this is not a recommendation to buy or sell the stock, and investors should do their own research before making any investment decisions.