Steel Exchange India Shows Strong Relative Strength Amid Broader Market Challenges
Steel Exchange India has demonstrated strong performance, gaining 7.9% on January 24, 2025, and outperforming its sector. The stock has shown consecutive gains over two days and is positioned above its short-term moving averages, while remaining below longer-term averages. It has also outperformed the Sensex in recent weeks.
Steel Exchange India has shown significant activity today, with a notable gain of 7.9% on January 24, 2025. This performance has allowed the stock to outperform its sector by 5.24%, indicating a strong relative strength in the current market environment. Over the past two days, Steel Exchange India has experienced consecutive gains, accumulating a total return of 5.94%.In terms of moving averages, the stock is currently positioned higher than its 5-day, 20-day, and 50-day moving averages, suggesting a short-term upward trend. However, it remains below its 100-day and 200-day moving averages, which may indicate a mixed longer-term outlook.
When comparing its performance to the broader market, Steel Exchange India has outperformed the Sensex, which recorded a decline of 0.19% on the same day. Over the past month, the stock has gained 2.18%, while the Sensex has decreased by 2.67%. These metrics highlight Steel Exchange India's current market position within the steel industry, reflecting its recent positive momentum amidst broader market challenges.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
