Veer Energy & Infrastructure's Stock Soars with 23.39% Returns in 6 Days

Jan 05 2024 03:35 PM IST
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Veer Energy & Infrastructure, a microcap company in the power industry, has seen a consecutive gain streak for the past 6 days, with a remarkable 23.39% increase in returns. Today, the stock hit a new 52-week high of Rs.21.7, outperforming the sector by 9.95%. The stock is currently trading higher than its moving averages, but has been given a 'Strong Sell' call by MarketsMojo. In comparison to Sensex, the company has shown a higher 1-day and monthly performance. Investors are advised to do their own research before making any decisions.

Veer Energy & Infrastructure, a microcap company in the power industry, has been making headlines in the stock market recently. The company's stock has been on a consecutive gain streak for the past 6 days, with a remarkable 23.39% increase in returns during this period. Today, the stock hit a new 52-week high of Rs.21.7, outperforming the sector by 9.95%.

The stock opened with a gain of 2.48% today and reached an intraday high of Rs.21.7, showing a 14.33% increase. However, it also touched an intraday low of Rs.18.51, indicating a high volatility of 7.91%. This volatility is calculated from the weighted average price of the stock.

Veer Energy & Infrastructure is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive sign for investors. However, according to MarketsMOJO, the stock has been given a 'Strong Sell' call.

In comparison to the Sensex performance, Veer Energy & Infrastructure has outperformed with a 1-day performance of 9.22% versus Sensex's 0.25%. In the past month, the company's stock has shown a 12.48% increase, while Sensex has only seen a 3.94% increase.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or discuss future potential of the company. Investors are advised to do their own research and make informed decisions.
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