Swan Defence Achieves All-Time High Amidst Significant Buying Activity and Price Surge

Swan Defence and Heavy Industries Ltd is witnessing significant buying activity, with the stock gaining 4.99% today, outperforming the Sensex, which rose only 0.23%. Over the past week, the stock has surged by 27.59%, while the Sensex managed a modest 0.66% increase. The performance over the last month shows an impressive 62.77% rise for Swan Defence compared to the Sensex's 1.30%. Notably, the stock has achieved a remarkable 206.49% increase over the past three months, contrasting sharply with the Sensex's decline of 1.57%.
Today, Swan Defence reached a new 52-week and all-time high of Rs. 549.85, following a gap-up opening at the same price. The stock has been on a consistent upward trajectory, marking six consecutive days of gains, accumulating a total return of 33.96% during this period. The stock's volatility today was high, with an intraday fluctuation of 7.41%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum in the current market environment.