Shri Venkatesh Refineries Hits 52-Week High Amid Strong Market Performance
Shri Venkatesh Refineries has recently experienced a revision in its score, reflecting its strong market performance and significant annual returns. The stock has been added to MarketsMojo's list, showcasing its robust position in the refined oil and vanaspati industry, with notable gains over the past year.
Shri Venkatesh Refineries, a microcap player in the refined oil and vanaspati industry, has recently achieved a significant milestone by reaching a new 52-week high of Rs. 234.75 on December 30, 2024. This performance marks a notable increase of 10.73% over the past four days, during which the stock has consistently gained traction.On this trading day, the stock outperformed its sector by 4.36%, reflecting its strong market position. The intraday high of Rs. 234.75 represents a 3.73% increase from the previous close, showcasing robust trading activity.
In terms of moving averages, Shri Venkatesh Refineries is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its price performance. Over the past year, the company has delivered an impressive return of 130.15%, significantly outpacing the Sensex, which recorded a gain of 8.73%. This performance underscores the company's strong position within the refined oil sector.
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