Carnation Industries Hits New 52-Week High at Rs. 23.22

Oct 07 2025 09:44 AM IST
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Carnation Industries has achieved a new 52-week high of Rs. 23.22 on October 7, 2025, outperforming its sector significantly. The stock has gained 65.27% over the past two days and is trading above all major moving averages, indicating a strong upward trend despite some recent trading irregularities.
Carnation Industries has reached a significant milestone by hitting a new 52-week high of Rs. 23.22 today, October 7, 2025. This achievement comes as the stock has demonstrated strong performance, outperforming its sector by 5.59%. Over the past two days, Carnation Industries has shown remarkable gains, with a total return of 65.27% during this period.

The stock opened with a notable gain of 4.97% and has maintained its price at the day's high of Rs. 23.22. Additionally, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend in its performance.

Despite some erratic trading patterns, with the stock not trading on two days out of the last 20, the recent activity reflects a positive shift in its market position. In comparison, the broader market, represented by the Sensex, is also showing bullish trends, trading above its key moving averages and nearing its own 52-week high.
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