Surya Roshni's Strong Performance Highlights Resilience in Midcap Steel Sector
Surya Roshni, a midcap player in the Steel/Sponge Iron/Pig Iron industry, has experienced notable gains, marking its sixth consecutive day of increases. The stock has significantly outperformed its sector and broader market indices, reflecting a strong upward trend over various time frames.
Surya Roshni, a midcap player in the Steel/Sponge Iron/Pig Iron industry, has shown significant activity today, gaining 5.06% on May 14, 2025. The stock has outperformed its sector by 1.77%, marking its sixth consecutive day of gains, during which it has accumulated a remarkable 17.1% return. Surya Roshni reached an intraday high of Rs 299.5, reflecting a 5.53% increase.In terms of moving averages, Surya Roshni is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Over the past week, the stock has delivered a 16.20% return, significantly outperforming the Sensex, which has only gained 0.61% in the same period.
Looking at broader market trends, the Sensex opened higher at 81,278.49, with a modest gain of 0.16%. Small-cap stocks are leading the market, with the BSE Small Cap index rising by 1.39%. Surya Roshni's performance over various time frames further highlights its robust position, with a 3-year increase of 226.08% and a staggering 5-year growth of 1317.71%.
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