Kavveri Defence Achieves 52-Week High Amid Strong Market Performance and Investor Interest

Jul 08 2025 09:36 AM IST
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Kavveri Defence & Wireless Technologies has achieved a new 52-week high of Rs. 66.53, following a notable 51.31% increase over the past 12 days. The stock consistently trades above key moving averages, reflecting strong investor interest, while the broader market shows slight gains with small-cap stocks leading.
Kavveri Defence & Wireless Technologies has made headlines today as its stock price reached a new 52-week high of Rs. 66.53, marking a significant milestone for the microcap company in the Telecom Equipment & Accessories industry. This achievement comes after a remarkable performance over the past 12 days, during which the stock has gained 51.31%.

Today, Kavveri opened with a gain of 4.15% and outperformed its sector by 4.99%. The stock has been consistently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Throughout the trading session, it maintained a narrow price range of Rs. 0.53, reflecting stable investor interest.

In the broader market context, the Sensex is currently trading at 83,499.46, showing a slight increase of 0.07% after a flat opening. The index is nearing its own 52-week high, with small-cap stocks leading the market today. Over the past year, Kavveri Defence has delivered an impressive return of 168.81%, significantly outpacing the Sensex's 4.43% performance.
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