Vardhman Special Steels Surges Amid Broader Market Gains and Volatility

Apr 23 2025 09:30 AM IST
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Vardhman Special Steels has seen a notable increase today, significantly outperforming the steel sector. The stock reached an intraday high of Rs 249, demonstrating high volatility. Despite its recent gains, the stock's one-year performance remains negative compared to the broader market's positive trend.
Vardhman Special Steels has experienced a significant surge today, gaining 19.25% as of April 23, 2025. This performance notably outpaced the broader steel sector, outperforming it by 18.68%. The stock has shown a strong upward trend over the past two days, accumulating a total return of 21.32% during this period.

Today, Vardhman Special Steels reached an intraday high of Rs 249, reflecting high volatility with an intraday fluctuation of 12.52%. 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 positively, trading at 80,151.53, up by 0.7%. Mid-cap stocks are leading the market, with the BSE Mid Cap index gaining 0.77%. While Vardhman Special Steels has shown impressive short-term performance, its one-year return stands at -4.25%, contrasting with the Sensex's gain of 8.70% over the same period.
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