East India Drums & Barrels Manufacturing Ltd Gains 4.96%, Surges 27.47% Over Past Week

East India Drums & Barrels Manufacturing Ltd is currently witnessing significant buying activity, with the stock gaining 4.96% today, outperforming the Sensex, which rose by only 0.32%. Over the past week, the stock has shown remarkable performance, increasing by 27.47%, while the Sensex has only managed a modest 0.55% gain.
In terms of price movement, East India Drums opened with a gap up at Rs 117.4 and reached an intraday high of the same price, indicating strong buyer interest at this level. The stock has been on a positive trajectory, recording consecutive gains for the last five days, contributing to a total return of 27.47% during this period.

Looking at longer-term performance, East India Drums has demonstrated impressive growth, with a staggering 12,944.44% increase over the past three years and an extraordinary 55,804.76% rise over the last five years, significantly outpacing the Sensex's 39.39% and 113.75% gains, respectively. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further indicating a strong bullish trend.