Eureka Forbes Reaches All-Time High, Signaling Strong Market Momentum and Stability

Eureka Forbes, a midcap player in the Electronics & Appliances sector, has shown remarkable performance today, reaching an all-time high on May 30, 2025. The stock is currently just 0.15% away from its 52-week high of Rs 651, reflecting strong momentum in the market.
Today, Eureka Forbes outperformed its sector by 1.25%, marking a 1.72% increase in its stock price, while the Sensex declined by 0.37%. Over the past week, the stock has gained 4.23%, significantly outpacing the Sensex's drop of 0.47%. In the last month, Eureka Forbes has surged by 32.04%, compared to the Sensex's modest gain of 1.36%.

The stock has been on a positive trajectory, with consecutive gains over the last two days, yielding a total return of 2.35%. It has traded within a narrow range of Rs 6.4, indicating stability. Notably, Eureka Forbes is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further highlighting its strong market position. Over the past year, the stock has delivered an impressive 48.99% return, significantly outpacing the Sensex's 10.08%.