Swan Defence and Heavy Industries Ltd Hits All-Time High of Rs. 1088.25 with 5% Gain Today

Swan Defence and Heavy Industries Ltd is witnessing significant buying activity, with the stock gaining 5.00% today, outperforming the Sensex, which rose by only 0.26%. Over the past week, Swan Defence has increased by 10.25%, while the Sensex recorded a modest gain of 1.50%. The stock's performance over the last month is particularly noteworthy, with a remarkable increase of 55.10%, compared to the Sensex's 0.99%.
Today, Swan Defence reached a new 52-week and all-time high of Rs. 1088.25, reflecting strong market interest. The stock opened with a gap up of 5% and has maintained this price throughout the trading session, indicating robust buyer confidence. The intraday high of Rs. 1088.25 represents a 5% increase from the previous close.

Despite erratic trading patterns, with the stock not trading on three days out of the last 20, it has shown high volatility today, with an intraday volatility of 5.1%. Additionally, Swan Defence is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend in its performance. The stock's impressive gains over various time frames, including a staggering 47840.53% increase over the past year, highlight its exceptional market position within the aerospace and defense sector.