Suraj Achieves All-Time High of Rs. 522 Amid Strong Yearly Performance

Suraj, a microcap player in the steel, sponge iron, and pig iron industry, has recently reached an all-time high of Rs. 522 on December 29, 2024. This milestone reflects a significant performance trajectory, with the stock outperforming its sector by 1.86% on the same day. Over the past two days, Suraj has demonstrated a consecutive gain, yielding a return of 3.59%.
The stock has exhibited high volatility, with an intraday volatility rate of 254.81%, indicating substantial price fluctuations. Additionally, Suraj has maintained a narrow trading range of just Rs. 2, suggesting a concentrated price movement during this period.

In terms of moving averages, Suraj is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, which may indicate a strong short- to long-term performance trend. Over the past year, Suraj has achieved an impressive return of 183.92%, significantly outpacing the Sensex, which recorded a performance of 9.25%. This robust performance positions Suraj as a noteworthy entity within its industry.