Shri Venkatesh Refineries Shows Strong Recovery and Outperformance in Market Trends

Shri Venkatesh Refineries has demonstrated significant activity today, marking a notable recovery after two days of decline. The stock reached an intraday high of Rs 240.1, reflecting a 2.61% increase during the trading session. Currently, it is trading just 0.77% below its 52-week high of Rs 241.95 and has outperformed its sector by 2.28%, indicating strong relative performance. The stock is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a robust upward trend. Over the past year, Shri Venkatesh Refineries has delivered an impressive return of 147.45%, significantly surpassing the Sensex's gain of 4.64%. These metrics highlight the company's strong market position and performance indicators in the refined oil and vanaspati industry.