Chandrima Mercantiles Hits New 52-Week High of Rs. 8.76
Chandrima Mercantiles has achieved a new 52-week high of Rs. 8.76, reflecting strong performance in the Trading & Distributors sector. The microcap company has gained for 16 consecutive days, yielding an 88.46% return, and has significantly outperformed the broader market over the past year.
Chandrima Mercantiles has reached a significant milestone by hitting a new 52-week high of Rs. 8.76 on October 24, 2025. This achievement marks a notable performance for the microcap company in the Trading & Distributors industry, especially as it has outperformed its sector by 1.93% today. The stock has shown remarkable resilience, gaining for 16 consecutive days and delivering an impressive 88.46% return during this period. Additionally, Chandrima Mercantiles 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 price performance.
In contrast, the broader market has experienced some volatility, with the Sensex declining by 381.41 points after a positive opening. Despite this, Chandrima Mercantiles has demonstrated robust growth over the past year, boasting a remarkable 155.88% increase compared to the Sensex's modest 5.27% gain. The stock's journey from a 52-week low of Rs. 2.33 to its current high underscores its significant upward trajectory in the market.
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