Konndor Industries Achieves 52-Week High Amid Strong Small-Cap Market Performance

Jun 03 2025 10:36 AM IST
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Konndor Industries has achieved a new 52-week high in its stock price, reflecting a strong performance in the Paper, Forest & Jute Products sector. The company has shown consistent gains over the past 13 days, significantly outperforming the broader market and delivering substantial returns over the past year.
Konndor Industries, a microcap player in the Paper, Forest & Jute Products industry, has made headlines today as its stock price reached a new 52-week high of Rs. 20.31. This milestone comes after a remarkable performance, with the stock outperforming its sector by 5.01%. Over the past 13 days, Konndor Industries has shown consistent gains, accumulating an impressive 87.53% return during this period.

In terms of technical indicators, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, signaling a strong upward trend. Over the past year, Konndor Industries has delivered a substantial return of 80.53%, significantly outpacing the Sensex, which has only seen a 6.50% increase.

In the broader market context, the Sensex opened higher today at 81,492.50, gaining 118.75 points (0.15%), although it has experienced a decline of 1.08% over the last three weeks. Small-cap stocks are leading the market, with the BSE Small Cap index rising by 0.55%.
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