Mangalam Worldwide Achieves All-Time High Stock Price, Outperforming Sector Significantly

Mangalam Worldwide, a microcap company in the Iron & Steel Products industry, has made headlines today as its stock price reached an all-time high of Rs. 230. This milestone reflects a significant upward trend, with the stock outperforming its sector by 5.8%.
In terms of performance metrics, Mangalam Worldwide has shown impressive gains across various time frames. Over the past day, the stock rose by 4.33%, while the Sensex saw a minimal increase of 0.03%. The one-week performance stands at 19.44%, compared to the Sensex's 0.90%. Over the past month, the stock has gained 19.76%, significantly outpacing the Sensex's 1.04% increase.

Longer-term performance also highlights Mangalam Worldwide's strong position, with a 58.67% rise over the past year, while the Sensex has remained nearly flat at -0.09%. Year-to-date, the stock has increased by 28.85%, compared to the Sensex's 4.23%. Notably, the company has consistently traded above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend in its stock performance.