Websol Energy System's Stock Sees 5% Increase, Hits New High Amid Consecutive Gains

Websol Energy System, a midcap company in the renewable energy industry, has seen a 5.0% increase in its stock on October 31, 2024. According to MarketsMOJO, the stock has been given a 'Hold' call. The stock has also hit a new 52-week and all-time high of Rs.1421.55 on the same day.

In terms of performance, Websol Energy has outperformed the sector by 4.82% and has been on a consecutive gain for the last 4 days, with a 14.22% increase in returns during this period. The stock also opened with a gain of 5% today and reached an intraday high of Rs.1421.55.

The stock has been highly volatile today, with an intraday volatility of 971.57% calculated from the weighted average price. However, Websol Energy is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex performance, Websol Energy has shown a 5.00% increase in the last 1 day and a 31.05% increase in the last 1 month, while the Sensex has shown a -0.37% and -5.48% performance, respectively.

Websol Energy System continues to show promising growth in the renewable energy industry, with its stock performance reflecting positive trends. Investors are advised to keep a close eye on the company's progress in the coming days.