Welspun Corp Achieves All-Time High Stock Price Amid Strong Market Performance

Welspun Corp, a prominent player in the Steel/Sponge Iron/Pig Iron industry, has made headlines today as its stock price reached an all-time high of Rs 900. This milestone reflects a significant upward trend, with the stock outperforming its sector by 0.98%. Over the past four days, Welspun Corp has shown a robust performance, gaining 11.32% during this period.
Today's trading session has been marked by high volatility, with an intraday volatility of 48.1%. The stock hit a day's high of Rs 900, representing a 2.33% increase. In terms of moving averages, Welspun Corp is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum.

When analyzing performance metrics, Welspun Corp has demonstrated impressive returns across various time frames. Over the past year, the stock has surged by 66.36%, significantly outpacing the Sensex, which recorded a 6.25% increase. Additionally, the stock's three-year performance stands at an extraordinary 479.71%, while its five-year performance has reached an impressive 1270.64%.