Glittek Granites Achieves 52-Week High Amid Broader Market Decline

May 22 2025 10:05 AM IST
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Glittek Granites has reached a new 52-week high of Rs. 6.11, showcasing significant growth amid a declining broader market. The microcap company has outperformed its sector and demonstrated strong momentum, with a remarkable 96.76% return over the past year, compared to the Sensex's 9.12% increase.
Glittek Granites has made headlines today as its stock price reached a new 52-week high of Rs. 6.11, marking a significant milestone for the microcap company in the miscellaneous industry. This achievement comes amid a broader market context where the Sensex has experienced a decline, falling by 373.07 points to 80,949.98, reflecting a negative opening and ongoing market pressures.

In terms of performance, Glittek Granites has outperformed its sector by 0.88% today and has shown a consistent upward trend, gaining 6.29% over the last three days. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong short-term momentum.

Over the past year, Glittek Granites has delivered impressive returns of 96.76%, significantly outpacing the Sensex, which has only seen a 9.12% increase during the same period. The stock's 52-week low stands at Rs. 2.49, highlighting the substantial growth it has achieved in the past year.
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