SPIC Stock Soars 11.82%, Outperforms Sector by 6.08% in Third Consecutive Day of Gains

Aug 09 2024 09:30 AM IST
share
Share Via
On August 9th, 2024, Southern Petrochemical Industries Corporation (SPIC) saw a significant increase in its stock price, gaining 11.82% and outperforming the sector by 6.08%. This marks the third consecutive day of gains for SPIC, with a total increase of 11.02% during this period. The stock is currently trading above its moving averages, indicating a positive trend. However, it is important to note that this article is not making any recommendations or predictions about the company's future potential.

Southern Petrochemical Industries Corporation (SPIC) has seen a significant increase in its stock price on August 9th, 2024. The company's stock has gained 11.82%, outperforming the sector by 6.08%. This marks the third consecutive day of gains for SPIC, with a total increase of 11.02% during this period.

The stock opened with a gap up of 5.79% and reached an intraday high of Rs 85.92, showing a high level of volatility with an intraday range of 35.22%. This is calculated from the weighted average price of the stock.

SPIC is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the stock's performance.

In comparison to the Sensex, SPIC has outperformed with a 1-day performance of 12.91% versus Sensex's 1.14%. Over the past month, SPIC has also performed better with a 1-month performance of 0.57% compared to Sensex's -0.71%.

SPIC is a smallcap company in the fertilizer industry. While the company's stock has shown a positive trend, it is important to note that this article is not making any recommendations or predictions about the future potential of the company. This information is based on facts and data from the stock market.
{{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