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Momentum Stocks Soar: Suraj Estate, Presstonic, Kay Cee Energy Up 13%
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Moneycontrol•21-09-2026, 10:14
Momentum Stocks Soar: Suraj Estate, Presstonic, Kay Cee Energy Up 13%
- •Suraj Estate Developers, Presstonic Engineering, and Kay Cee Energy & Infra saw significant gains, rising up to 13% on September 21 due to strong technical breakouts and buying interest.
- •Suraj Estate Developers surged 13.04% to ₹217.35, trading above all key moving averages, including its 200-day SMA, indicating sustained buying momentum.
- •Presstonic Engineering gained 10.46% to ₹35.90, moving above its 150-day SMA, while Kay Cee Energy & Infra rose 8.03% to ₹86, surpassing its near-term moving averages.
- •Conversely, Oracle Financial Services Software, TechD Cybersecurity, and GTPL Hathway experienced downward pressure, with TechD Cybersecurity and GTPL Hathway trading below all major moving averages.
- •Several stocks, including ACME Solar, Jyoti CNC Auto, and PVR INOX, hit new 52-week highs, while Peria Karamalai Tea and ESDS Software Solution reached upper circuits, signaling bullish sentiment.
Key Questions Answered
Suraj Estate Developers shares surged 13.04% to reach ₹217.35, trading above their 30-day, 50-day, 150-day, and 200-day simple moving averages of ₹192.28, ₹194.88, ₹206.06, and ₹216.35 respectively.
Notable stocks that hit new 52-week highs include ACME Solar, Jyoti CNC Auto, Action Construction, Welspun Corp, Laurus Labs, Aegis Vopak, PVR INOX, Welspun Living, and Aurobindo Pharma.
Oracle Financial Services Software shares fell 5.94% to ₹11,131, slipping below their 30-day and 50-day simple moving averages of ₹11,833.73 and ₹11,666.56, but remaining above their 150-day and 200-day SMAs of ₹9,543.55 and ₹9,109.10.
