S V Global Mill Ltd Achieves 31.96% Monthly Surge Amid Broader Market Decline
S V Global Mill Ltd is experiencing notable buying activity, gaining 4.96% today, contrasting with a decline in the Sensex. Over the past month, the stock has surged by 31.96%, demonstrating strong performance despite a recent three-month decline. It remains above key moving averages, indicating a positive trend.
S V Global Mill Ltd is currently witnessing significant buying activity, with a notable performance today, gaining 4.96%. This increase stands in stark contrast to the Sensex, which has declined by 0.42% on the same day. Over the past week, S V Global Mill has maintained this upward momentum, again rising by 4.96%, while the Sensex has dropped by 1.69%. In the last month, the stock has surged by 31.96%, significantly outperforming the Sensex's modest gain of 4.39%. Despite a decline of 9.34% over the past three months, S V Global Mill has shown resilience with a remarkable 32.60% increase over the past year, compared to the Sensex's 3.27% rise.
Today's trading saw the stock open with a gap up of 3.85%, reaching an intraday high of Rs 135.85, reflecting a 4.5% increase. The stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The stock's erratic trading pattern, with one day of inactivity in the last 20 days, may also contribute to the current buying pressure.
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