Carnation Industries Hits New 52-Week High of Rs. 24.38

Oct 08 2025 09:45 AM IST
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Carnation Industries achieved a new 52-week high of Rs. 24.38 on October 8, 2025, outperforming its sector significantly. The stock has gained 73.52% over the past three days and is trading above key moving averages, reflecting strong momentum amid a positive broader market trend.
Carnation Industries has reached a significant milestone by hitting a new 52-week high of Rs. 24.38 today, October 8, 2025. This achievement marks a notable performance, as the stock has outperformed its sector by 4.55%. Over the past three days, Carnation Industries has shown impressive momentum, delivering a remarkable 73.52% return during this period.

The stock opened with a gain of 5% today, maintaining its price at Rs. 24.38 throughout the trading session. Additionally, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its performance metrics.

In the broader market context, the Sensex has also shown positive movement, climbing 318.26 points to reach 82,217.77, reflecting a bullish sentiment among investors. While the Sensex is nearing its own 52-week high, Carnation Industries' recent performance highlights its position within the microcap sector, showcasing resilience and growth potential.
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