Shri Venkatesh Refineries Ltd's Stock Reaches All-Time High Amidst Positive Market Performance

Shri Venkatesh Refineries Ltd, a microcap company in the refined oil and vanaspati industry, has seen a surge in its stock price, reaching an all-time high on November 3rd, 2024. The stock has been performing well in the market, with a current 52-week high of Rs. 180 and an outperformance of 10.75% in the sector.

The stock has been gaining for the past two days, with a 0.49% increase in returns. However, it opened today with a loss of -14.84%, indicating high volatility in the market. The stock touched an intraday high of Rs. 180, a 17.65% increase, and a low of Rs. 130, a -15.03% decrease.

Shri Venkatesh Refineries Ltd has been trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, showing a positive trend in the market. In the past year, the company has outperformed the Sensex with a 70.66% increase in performance compared to the Sensex's 25.37%.

MarketsMOJO has given a 'Hold' call for Shri Venkatesh Refineries Ltd, indicating a neutral stance on the stock. The company's stock price has been on the rise, but it is important to note that this is not a recommendation from experts or investors. It is simply a fact-based analysis of the stock's performance in the market.