Surana Solar Reaches New 52-Week High, Outperforms Sector and Sensex

Surana Solar, a microcap company in the renewable energy industry, has recently reached a new 52-week high on September 24th, 2024. This comes as the stock has been gaining for the past two days, with a rise of 11.82% during this period. The stock opened with a gain of 4.99% today and touched an intraday high of Rs 48.81.

According to MarketsMOJO, a leading stock analysis platform, the stock call for Surana Solar is currently 'Sell'. However, the company has outperformed the sector by 5.04% today and is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.

In the past year, Surana Solar has shown a remarkable performance with a 105.78% increase, while the Sensex has only seen a 28.64% growth. This showcases the company's strong potential in the renewable energy industry.

Surana Solar's recent 52-week high is a testament to the company's growth and success in the market. With its consistent gains and positive performance, Surana Solar is a promising player in the renewable energy sector. Investors and stakeholders can keep an eye on this microcap company as it continues to make strides in the industry.