Solar Industries India Achieves Record High Amid Broader Market Challenges

May 16 2025 09:50 AM IST
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Solar Industries India has reached a new all-time high, marking its fourth consecutive day of gains. The stock has significantly outperformed its sector and shows strong upward momentum, trading above multiple moving averages. Over the past three months and five years, it has demonstrated remarkable growth compared to the broader market.
Solar Industries India has shown impressive performance today, gaining 3.03% and reaching a new all-time high of Rs. 14,299. This notable increase comes as the stock has outperformed its sector by 1.67%, marking its fourth consecutive day of gains, with a total rise of 7.58% over this period.

In terms of moving averages, Solar Industries is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a strong upward trend. The stock's performance over various time frames further highlights its robust position: it has surged 61.03% over the past three months and an impressive 1,514.07% over the last five years, significantly outpacing the broader market represented by the Sensex.

Despite a negative opening for the Sensex, which is currently down 0.23%, Solar Industries India continues to demonstrate resilience and strength in the market. As part of the MomentumNow Stocks on MarketsMOJO since April 30, 2025, the company remains a key player in the Other Chemical Products industry.
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