Shri Venkatesh Refineries Stock Reaches All-Time High, Signaling Strong Market Momentum

Shri Venkatesh Refineries, a microcap player in the edible oil industry, has made headlines today as its stock price reached an all-time high of Rs. 267. This milestone was achieved following a notable performance, with the stock outperforming its sector by 8.7%. The stock opened with a gain of 2.37% and peaked at an intraday high of Rs. 267, reflecting a significant increase of 13.88% during the trading session.
Despite some erratic trading patterns, where the stock did not trade on two occasions in the last 20 days, it has shown resilience with high volatility today, registering an intraday volatility of 5.33%. Shri Venkatesh Refineries is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

In terms of performance metrics, the stock has demonstrated impressive returns over various time frames. Over the past year, it has surged by 76.47%, significantly outpacing the Sensex, which has seen a decline of 1.56%. The three-year performance stands at an impressive 160.20%, compared to the Sensex's 35.85%.