Surya Roshni's Stock Sees Positive Trend, Outperforms Sector by 4.26%

Surya Roshni, a midcap company in the steel/sponge iron/pig iron industry, saw a positive trend in its stock performance on September 23, 2024. The stock gained 5.38% on this day, outperforming the sector by 4.26%. This marks the second consecutive day of gains for the company, with a total increase of 5.71% in the past two days.

The stock also reached an intraday high of Rs 692.4, showing a 5.56% increase from the previous day's closing price. Surya Roshni's stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance.

In comparison to the Sensex, Surya Roshni's stock has outperformed with a 1-day performance of 5.56% versus the Sensex's 0.41%. In the past month, the company's stock has seen a 1.79% increase, while the Sensex has seen a 4.69% increase.

MarketsMOJO has given a 'Hold' call for Surya Roshni's stock, indicating a neutral stance on the company's performance. With this recent positive trend in its stock performance, Surya Roshni continues to be a company to watch in the steel/sponge iron/pig iron industry.