Soni Medicare Ltd Achieves Remarkable 152% Annual Gain Amid Strong Buying Activity

Soni Medicare Ltd, a microcap player in the hospital industry, is witnessing significant buying activity, marking a notable performance against the broader market. Today, the stock surged by 5.00%, significantly outperforming the Sensex, which only increased by 0.18%. Over the past week, Soni Medicare has shown impressive gains of 21.53%, while the Sensex rose by just 1.74%.
In the last month, the stock has climbed 22.80%, contrasting with a slight decline of 0.24% in the Sensex. Year-to-date, Soni Medicare has delivered a remarkable return of 116.33%, compared to the Sensex's 4.95%. Over the past year, the stock has skyrocketed by 152.18%, while the Sensex has only managed a modest 1.36% increase.

The stock has been on a consistent upward trajectory, gaining for six consecutive days and accumulating a total return of 26.41% during this period. It opened today with a gap up of 5% at Rs 70.61 and reached an intraday high of Rs 70.61. Additionally, Soni Medicare is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong bullish trend.