Ecoboard Industries Ltd Gains 4.99% Today, Surges 11.26% Over Past Week Amid Strong Buying Activity

Ecoboard Industries Ltd is currently witnessing significant buying activity, with the stock gaining 4.99% today, contrasting sharply with the Sensex, which has declined by 0.27%. Over the past week, Ecoboard has shown a robust performance, rising 11.26%, while the Sensex has remained nearly flat with a decrease of 0.18%. This trend continues over the month, where Ecoboard's performance stands at 11.26% compared to a slight increase of 0.98% for the Sensex.
Notably, Ecoboard has experienced consecutive gains for the last three days, accumulating a total return of 13.86% during this period. The stock opened today with a gap up of 4.99% at Rs 38.94 and reached an intraday high of the same price, indicating strong buyer interest at this level.

In terms of moving averages, Ecoboard Industries is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its price performance. The stock has outperformed its sector by 5.23%, highlighting its strong position in the plywood boards and laminates industry.