Surya Roshni Outperforms Sector Amid Mixed Short-Term Trends and Market Challenges

Surya Roshni, a midcap player in the Steel/Sponge Iron/Pig Iron industry, has shown notable activity today, gaining 5.41% on January 24, 2025. This performance has allowed the stock to outperform its sector by 3.99%. The stock opened with a gap up of 2.65% and reached an intraday high of Rs 282.5, reflecting a rise of 4.69% during the trading session. In terms of recent performance, Surya Roshni has experienced a consecutive gain, with returns of -0.41% over the last day. When looking at moving averages, the stock is currently higher than its 5-day and 20-day moving averages, but remains below the 50-day, 100-day, and 200-day moving averages, indicating mixed short- to medium-term trends. Over the past month, Surya Roshni has recorded a performance of 1.32%, contrasting with a decline of 2.50% in the Sensex. This data highlights the stock's relative strength in a challenging market environment.