Symphony Ltd. Experiences Significant Stock Surge Amidst Broader Market Gains

Symphony Ltd., a midcap player in the domestic appliances industry, has shown remarkable activity today, gaining 11.31% as of May 8, 2025. The stock has outperformed its sector by 8.16%, marking a significant two-day gain of 12.07%. Opening with a notable gap up of 10.54%, Symphony reached an intraday high of Rs 1,335, reflecting an increase of 11.72%. Today's trading has been characterized by high volatility, with an intraday volatility rate of 91.77%. In terms of moving averages, the stock is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. In the broader market context, the Sensex opened higher at 80,912.34, gaining 165.56 points (0.21%), and is currently trading at 80,788.12. The Sensex has experienced a three-week consecutive rise, gaining 7.49% during this period. Notably, small-cap stocks are leading the market, with the BSE Small Cap index up by 0.75%.