Shyam Metalics & Energy sees 4.09% increase in stock price, outperforms sector and Sensex

Shyam Metalics & Energy, a largecap company in the steel, sponge iron, and pig iron industry, has seen a 4.09% increase in its stock price on October 29, 2024. According to MarketsMOJO, the stock has been given a 'Hold' call.

In terms of performance, Shyam Metalics & Energy has outperformed the sector by 3.56% today. The stock has also been on a consecutive gain for the last 2 days, with a 5.1% increase in returns during this period. The stock reached an intraday high of Rs 848.05, a 5.2% increase, and an intraday low of Rs 790, a 2% decrease.

Moving averages show that the stock is currently higher than the 5-day, 100-day, and 200-day moving averages, but lower than the 20-day and 50-day moving averages. This indicates a mixed trend for the stock.

In comparison to the Sensex performance, Shyam Metalics & Energy has shown a 1-day performance of 3.77%, while the Sensex has only seen a 0.45% increase. Over the past month, the stock has seen a -7.96% performance, while the Sensex has seen a -6.08% performance.

Overall, Shyam Metalics & Energy has shown a positive trend in its stock price and has outperformed the sector and Sensex in terms of performance. However, it is important to note that this is not a recommendation and investors should do their own research before making any investment decisions.