Shri Venkatesh Refineries Ltd's Stock Price Surges, Outperforms Sector in Today's Trading Session

Shri Venkatesh Refineries Ltd, a microcap company in the refined oil and vanaspati industry, has recently seen a surge in its stock price. On June 20, 2024, the company's stock reached a 52-week high of Rs.135. This has caught the attention of investors and market analysts, with MarketsMOJO giving a 'Hold' call for the stock.

In today's trading session, Shri Venkatesh Refineries outperformed the sector by 2.96%, indicating a positive trend in the company's performance. The stock has been on a consecutive gain for the past 8 days, with a significant increase of 32.67% during this period. However, the stock opened with a loss of -4.62% today, showing some volatility in its price.

The intraday high for the stock was Rs.135, while the intraday low was Rs.124. This indicates a fluctuation in the stock's price during the trading session. Shri Venkatesh Refineries is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive sign for the company.

In the past year, Shri Venkatesh Refineries has shown a remarkable performance with a 86.11% increase in its stock price, while the Sensex has only seen a 22.06% growth. This showcases the company's strong performance and potential for growth in the future.

Overall, Shri Venkatesh Refineries Ltd has been making positive strides in the market, with its recent surge in stock price and consistent gains. As a microcap company in the refined oil and vanaspati industry, it has shown promising performance and has caught the attention of investors and market analysts.