CESC Stock Sees Positive Growth, Outperforms Sector by 1.94% on October 31st

CESC, a leading power generation and distribution company, saw a positive growth in its stock price on October 31st, 2024. The stock gained 3.85%, outperforming the sector by 1.94%. This rise in stock price is a result of the company's consistent performance in the last 3 days, with a 6.35% increase in returns during this period.

The stock also touched an intraday high of Rs 188.85, showing a 3.06% increase. CESC's moving averages are currently higher than the 5-day, 100-day, and 200-day moving averages, indicating a positive trend. However, it is lower than the 20-day and 50-day moving averages.

In comparison to the Sensex performance, CESC's stock has outperformed with a 1-day performance of 3.30% while the Sensex saw a -0.37% performance. In the last month, CESC's stock has seen a -5.77% performance, slightly lower than the Sensex's -5.48% performance.

Overall, CESC's stock has shown a positive growth and has been recommended as a 'Sell' by MarketsMOJO. With its strong presence in the power generation and distribution industry and consistent performance, CESC continues to be a strong player in the market.