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

Jan 15 2025 03:35 PM IST
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Shri Venkatesh Refineries has achieved a new 52-week high, showing notable performance improvement and reversing a two-day decline with a significant gain during the trading session. The stock is currently trading above multiple moving averages and has delivered a remarkable annual return, significantly exceeding the Sensex's performance.
Shri Venkatesh Refineries has reached a new 52-week high of Rs. 242.5, marking a significant performance improvement as it outperformed its sector by 2.28% today. After two consecutive days of decline, the stock has reversed its trend, gaining 3.63% during the trading session.

Currently, Shri Venkatesh Refineries is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. Over the past year, the stock has delivered an impressive return of 145.00%, significantly outpacing the Sensex's performance of 4.63%. Investors and market watchers will be closely monitoring the stock's performance in the coming days.
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