Surya Roshni's Stock Price Sees Positive Growth in Steel Industry, Outperforms Sector by 4.89%

Surya Roshni, a midcap company in the steel/sponge iron/pig iron industry, has seen a positive growth in its stock price on October 30th, 2024. The stock has gained 5.71%, outperforming the sector by 4.89%. This has led to a 'Hold' call by MarketsMOJO for investors.

The stock opened with a gain of 3.96% and touched an intraday high of Rs 658, which is a 5.39% increase from its previous closing price. The moving averages for Surya Roshni are higher than the 5 day, 100 day, and 200 day averages, but lower than the 20 day and 50 day averages.

In comparison to the Sensex performance, Surya Roshni has shown a 1 day performance of 6.31% while the Sensex has shown a -0.28% performance. Similarly, in the past month, Surya Roshni has shown a -7.43% performance while the Sensex has shown a -4.93% performance.

Surya Roshni's positive growth in stock price can be attributed to its strong presence in the steel/sponge iron/pig iron industry and its consistent performance in the market. However, it is important for investors to do their own research and make informed decisions before investing in any company.