Solar Industries India Shows Signs of Trend Reversal Amid Mixed Market Outlook

Jan 23 2025 01:50 PM IST
share
Share Via
Solar Industries India experienced a notable stock price increase on January 23, 2025, outperforming its sector. The stock reached an intraday high, indicating a potential trend reversal after previous declines. However, it remains below several key moving averages, reflecting a mixed outlook in the short to medium term.
Solar Industries India, a key player in the chemicals sector, saw its stock price rise by 3.15% on January 23, 2025, outperforming its sector by 2.43%. The stock reached an intraday high of Rs 9625, reflecting a peak increase of 3.42% during the session. This uptick follows two days of declines, suggesting a potential trend reversal.

Despite this positive movement, Solar Industries is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a mixed outlook in the short to medium term. In the broader market context, Solar Industries recorded a 1-day gain of 3.22%, while the Sensex increased modestly by 0.34%. Over the past month, the company's stock has seen a slight decline of 0.65%, contrasting with the Sensex's drop of 2.39%.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News