Vijay Solvex's Stock Reaches 52-Week High, Outperforms Sector by 12.62%

Vijay Solvex, a leading player in the refined oil and vanaspati industry, has recently seen a surge in its stock price. On June 28, 2024, the company's stock reached a 52-week high of Rs.1387, outperforming the sector by 12.62%. This marks a consecutive gain for the last 3 days, with a remarkable 45.56% increase in returns during this period.

The stock opened with a significant gain of 9.14% today and touched an intraday high of Rs.1387, which is a 16.45% increase. This positive trend is also reflected in the moving averages, with Vijay Solvex trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex performance of 24.39%, Vijay Solvex has shown a strong 1-year performance of 34.12%. This indicates the company's consistent growth and potential for future success.

MarketsMOJO has given a 'Hold' call for Vijay Solvex, suggesting a neutral stance on the stock. This news is sure to be welcomed by investors and stakeholders of the company, as it reflects the positive trajectory of Vijay Solvex in the market.

With its strong performance and promising outlook, Vijay Solvex continues to establish itself as a key player in the refined oil and vanaspati industry.