Manor Estates & Industries Sees Revision in Its Score Amid Strong Performance Metrics

Jan 03 2025 10:35 AM IST
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Manor Estates & Industries has recently experienced a revision in its score, reflecting its impressive performance and recent achievements. The stock reached a new 52-week high and has significantly outperformed its sector. Despite this, it has been added to MarketsMojo's list, indicating a cautious outlook for investors.
Manor Estates & Industries, a microcap player in the textile industry, has recently made headlines as it reached a new 52-week high of Rs. 15.84. This milestone, achieved on January 3, 2025, underscores the stock's remarkable performance, having outperformed its sector by 1.82% today.

The stock has shown impressive momentum, gaining consistently for the past 17 days and delivering a substantial return of 118.48% during this period. Additionally, Manor Estates is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

In light of these developments, MarketsMOJO has made an adjustment in its evaluation of Manor Estates & Industries. The stock has also been added to MarketsMOJO's list, reflecting its notable performance metrics and market position. Over the past year, Manor Estates has delivered an impressive return of 206.38%, significantly outpacing the Sensex, which recorded a performance of 11.20%. This performance highlights the stock's resilience and potential within the textile sector.
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