Shri Venkatesh Refineries Achieves 52-Week High Amid Strong Market Sentiment

Jul 22 2025 02:11 PM IST
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Shri Venkatesh Refineries has reached a new 52-week high in its stock price, following a notable upward trend. Despite a recent intraday dip, the stock has shown strong performance metrics, trading above key moving averages and delivering significant returns over the past year, outperforming the Sensex.
Shri Venkatesh Refineries, a microcap player in the edible oil industry, has made headlines today as its stock price reached a new 52-week high of Rs. 243. This milestone comes after a consistent upward trend, with the stock gaining 6.63% over the past three days. However, it opened the day with a loss of 4.13%, hitting an intraday low of Rs. 232.

In terms of performance metrics, Shri Venkatesh Refineries is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong position relative to these key indicators. Over the past year, the stock has delivered impressive returns of 85.61%, significantly outperforming the Sensex, which has seen a modest increase of 2.28% during the same period.

The broader market context shows the Sensex opening higher at 82,527.43, gaining 327.09 points (0.4%), and currently trading at 82,311.13. The index remains close to its 52-week high, reflecting a bullish sentiment in the market, particularly among mega-cap stocks.
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