Cantabil Retail Reaches 52-Week High Amid Strong Yearly Growth in Textile Sector

Feb 10 2025 09:35 AM IST
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Cantabil Retail India has achieved a new 52-week high in its stock price, reflecting a recent positive performance with a total return of 1.36% over two days. The company has outperformed the Sensex over the past year, showcasing its strong position in the textile industry.
Cantabil Retail India, a small-cap player in the textile industry, has made headlines today as its stock price reached a new 52-week high of Rs. 334.85. This milestone reflects the company's recent performance, which has seen a consecutive gain over the past two days, yielding a total return of 1.36% during this period.

Despite this upward movement, Cantabil Retail's stock has underperformed its sector by 0.68% today. However, it is noteworthy that the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong short to long-term trend.

Over the past year, Cantabil Retail India has demonstrated impressive growth, with a performance increase of 39.02%, significantly outpacing the Sensex, which has risen by 8.21% in the same timeframe. This performance highlights Cantabil's robust position within the textile sector, showcasing its resilience and potential in a competitive market landscape.
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