ACME Solar Holdings Shows Strong Momentum Amid Broader Market Challenges

Feb 06 2025 02:50 PM IST
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ACME Solar Holdings has experienced notable trading activity, gaining 6.27% on February 6, 2025, and outperforming its sector significantly. The stock reached an intraday high of Rs 243.2 and has shown a strong upward trend over the past three days, accumulating a total return of 16.75%.
ACME Solar Holdings, a midcap player in the renewable energy sector, has shown significant activity today, gaining 6.27% on February 6, 2025. This performance marks a notable outperformance against its sector, exceeding it by 7.05%. Over the past three days, the stock has demonstrated a strong upward trend, accumulating a total return of 16.75%.

During today's trading session, ACME Solar Holdings reached an intraday high of Rs 243.2, reflecting a 6.57% increase at its peak. The stock's performance is also noteworthy when compared to broader market indices, as it recorded a 6.51% gain against the Sensex, which experienced a decline of 0.48%. Over the past month, ACME Solar Holdings has maintained a positive trajectory, with a 6.44% increase, while the Sensex has remained relatively flat with a minor decrease of 0.08%.

Additionally, ACME Solar Holdings is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong momentum in its price action.
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