Websol Energy Soars 9.59%, Hits Intraday High of Rs 1311.9

Websol Energy System has experienced a significant uptick today, gaining 9.59% and reaching an intraday high of Rs 1311.9, reflecting an increase of 8.4%. This performance notably outpaced the sector by 8.96%, showcasing the stock's strong activity amidst a generally negative market backdrop, as indicated by the Sensex trading slightly down at 83,453.14.
The stock has exhibited high volatility today, with an intraday volatility rate of 6.4%. Additionally, Websol Energy is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its short to long-term performance metrics.

In terms of broader performance, Websol Energy System has shown a 1-day gain of 9.07%, contrasting with the Sensex's minimal change of 0.04%. Over the past week, the stock has increased by 6.95%, while the Sensex has declined by 1.09%. Despite a challenging year-to-date performance of -20.56%, the stock has demonstrated remarkable growth over longer periods, with a staggering 3-year increase of 1300.53%.