Suraj Ltd's Stock Reaches All-Time High, Outperforms Sector by 4.01%

Sep 30 2024 09:20 AM IST
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Suraj Ltd, a microcap company in the steel industry, has seen a surge in its stock price, reaching an all-time high on September 30th, 2024. The stock has been on a steady rise for the past 6 days, gaining 20.86%. It is currently trading close to its 52-week high and has outperformed the sector by 4.01%. With consistently strong performance and a 1-year growth of 206.09%, Suraj Ltd is a promising investment option in the steel industry.

Suraj Ltd, a microcap company in the steel industry, has been making headlines as its stock price reached an all-time high on September 30th, 2024. The stock has been on a steady rise for the past 6 days, gaining 20.86% in that period. Today, it opened with a gain of 4.01% and touched an intraday high of Rs 477.4. It is currently trading close to its 52-week high of Rs 479, with a performance today that has outperformed the sector by 4.01%.

Suraj Ltd has been consistently performing well, with its stock trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.

In comparison to the Sensex performance of 29.46%, Suraj Ltd has shown an impressive 1-year performance of 206.09%. This showcases the company's strong growth and potential in the steel industry.

MarketsMOJO has given a 'Hold' call for Suraj Ltd's stock, indicating that it is a good investment option for investors. With its strong performance and potential for growth, Suraj Ltd is definitely a company to watch out for in the steel industry.
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