Surya Roshni Experiences Notable Revision in Stock Evaluation Amid Market Performance Surya Roshni, a prominent player in the Steel/Sponge Iron/Pig Iron industry, has recently undergone a significant adjustment in its stock evaluation. The company has been added to MarketsMOJO's list, indicating a revision in its score that underscores its current market performance. On December 31, 2024, Surya Roshni's stock saw a remarkable surge of 8.71%, significantly outperforming its sector by 4.27%. The stock reached an intraday high of Rs 589.9, reflecting a 5.25% increase during the trading session. However, while this movement is positive, the stock's performance presents a mixed picture when assessed against longer-term moving averages. It currently stands above the 5-day and 20-day averages but lags behind the 50-day, 100-day, and 200-day averages. In the broader market context, Surya Roshni's one-day performance was recorded at 8.36%, contrasting with the Sensex, which experienced a decline of 0.26%. Over the past month, the company has also shown resilience, outperforming the Sensex with a gain of 5.77% compared to the index's drop of 2.20%. This recent activity highlights the dynamic nature of Surya Roshni's stock within the current market landscape.

Dec 31 2024 11:15 AM IST
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Surya Roshni has recently been added to MarketsMojo's list following a significant performance uptick. The stock's evaluation has undergone a revision, reflecting its strong gains and resilience against broader market trends. Despite this positive momentum, caution remains as the stock's outlook has been adjusted.
Surya Roshni, a prominent player in the Steel/Sponge Iron/Pig Iron industry, has recently experienced a notable shift in its stock evaluation. The company has been added to MarketsMOJO's list, reflecting a revision in its score that highlights its current market performance.

On December 31, 2024, Surya Roshni's stock surged by 8.71%, significantly outperforming its sector by 4.27%. The stock reached an intraday high of Rs 589.9, marking a 5.25% increase during the trading session. Despite this positive movement, the stock's performance remains mixed when compared to longer-term moving averages, as it is currently above the 5-day and 20-day averages but below the 50-day, 100-day, and 200-day averages.

In terms of broader market context, Surya Roshni's one-day performance stood at 8.36%, while the Sensex recorded a decline of 0.26%. Over the past month, the company has also outperformed the Sensex, with a gain of 5.77% compared to the index's drop of 2.20%. This recent activity underscores the dynamic nature of Surya Roshni's stock in the current market landscape.
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