Waaree Renewables Technologies Stock Sees 5% Increase, Outperforms Sector and Sensex.

Nov 01 2024 06:40 PM IST
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On November 1st, 2024, Waaree Renewables Technologies, a midcap company in the electric equipment industry, saw a 5.0% increase in its stock, reaching an intraday high of Rs 1589.2. The stock has been gaining for the past three days and has outperformed the sector by 4.21% today. However, its performance is mixed compared to its moving averages and has seen a -15.79% performance over the past month. This article provides factual information for readers interested in the stock market and Waaree Renewables Technologies.

Waaree Renewables Technologies, a midcap company in the electric equipment industry, saw a 5.0% increase in its stock on November 1st, 2024. This gain was noted by MarketsMOJO, who has given a 'Sell' call for the stock.

The stock opened with a 5% gain and reached an intraday high of Rs 1589.2. It has been gaining for the past three days and has seen a 15.75% increase in returns during this period. The stock has also outperformed the sector by 4.21% today.

However, it is important to note that the stock's performance is higher than its 5-day moving average but lower than its 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a mixed trend for the stock.

In comparison to the Sensex, Waaree Renewables Technologies has performed better with a 1-day performance of 5.00% while the Sensex has seen a -0.19% performance. However, over the past month, the stock has seen a -15.79% performance while the Sensex has seen a -5.31% performance.

It is important to note that this article is based on factual information and does not include any external data or sources. It is meant to provide a neutral and informative tone for readers interested in the stock market and the performance of Waaree Renewables Technologies.
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