Surana Solar's Stock Reaches 52-Week High, Outperforms Sector and Sensex
Surana Solar, a microcap company in the renewable energy industry, has recently reached a 52-week high of Rs. 48.01 on April 8th, 2024. However, according to MarketsMojo, the stock is currently rated as a 'Sell'. The stock has underperformed the sector by -6.27% and has shown a fluctuation in its price, but is trading higher than its moving averages. In the past year, Surana Solar has outperformed the Sensex by a significant margin with a growth of 142.92%. Investors should conduct their own research before making any investment decisions.
Surana Solar, a microcap company in the renewable energy industry, has recently seen a surge in its stock price. On April 8th, 2024, the company's stock reached a 52-week high of Rs. 48.01. However, according to MarketsMOJO, the stock is currently rated as a 'Sell'.
The stock's performance today has been underwhelming, as it has underperformed the sector by -6.27%. This is also a trend reversal for the stock, as it has fallen after five consecutive days of gains. Despite this, the stock opened with a gain of 2.67% today and touched an intraday high of Rs. 48.01.
On the other hand, the stock also touched an intraday low of Rs. 44.43, showing a fluctuation in its price. Surana Solar is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
In terms of performance, Surana Solar has outperformed the Sensex by a significant margin. In the past year, the company's stock has seen a growth of 142.92%, while the Sensex has only seen a growth of 24.67%.
It is worth noting that this article is based on factual information and does not include any external data or sources. It is important for investors to conduct their own research and analysis before making any investment decisions.
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