Swan Energy shares surge nearly 8% amid strong buying interest

Swan Energy Limited witnessed a sharp rally in its stock price on February 19, climbing 7.96% to ₹444.95 as of 9:58 AM. The stock gained momentum after opening at ₹408.50, reaching an intraday high of ₹444.95 and a low of ₹402.80. The previous close stood at ₹412.15, and the stock has recorded a trading volume of 14,32,341 shares so far.

The company’s 52-week range is between ₹398.85 on the lower end and ₹809.80 on the higher side. The surge follows the company’s Q3 FY25 results, which showed a significant increase in profit before tax (PBT) and net profit. Analysts attribute the stock’s rally to improved earnings performance and higher revenue growth in the latest quarter.

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Market participants will be closely monitoring the stock’s movement amid broader market trends.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Always conduct your own research or consult a financial advisor before making investment decisions.