Swaraj Engines Approaches 52-Week High Amid Strong Market Performance

Swaraj Engines, a small-cap player in the diesel engines industry, has shown significant activity today, nearing its 52-week high. The stock is currently just 0.96% away from its peak of Rs 3,789.5, which it reached on March 20, 2025. Over the past six days, Swaraj Engines has demonstrated a robust performance, gaining 25.12% during this period and outperforming its sector by 1.72% today.
Despite touching an intraday low of Rs 3,625.6, the stock remains strong, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This consistent upward trend highlights the company's resilience in the market.

In the broader market context, the Sensex opened higher at 75,917.11, gaining 468.06 points (0.62%), and is currently trading at 75,894.77. The Sensex is also trading above its 50-day moving average, although the 50-day moving average is below the 200-day moving average. Over the past year, Swaraj Engines has delivered an impressive return of 70.13%, significantly outpacing the Sensex's 5.24% performance. The stock's 52-week low stands at Rs 2,180.65, further emphasizing its recent upward momentum.