Manor Estates & Industries Ltd Surges 4.94%, Achieves 171.93% Gain Over Last Three Months

Manor Estates & Industries Ltd is currently witnessing significant buying activity, with the stock rising by 4.94% today, notably outperforming the Sensex, which saw a mere 0.04% increase. Over the past week, Manor Estates has gained 3.20%, while the Sensex rose by 1.43%. However, the stock's performance over the past month shows a decline of 8.01%, contrasting with the Sensex's 2.64% gain.
In the longer term, Manor Estates has demonstrated remarkable growth, with a staggering 171.93% increase over the past three months and an impressive 318.92% rise over three years. The stock has consistently outperformed the Sensex across various time frames, including a 369.70% increase over five years compared to the Sensex's 94.50%.

Today's trading session opened with a gap up, and the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong bullish trend. The buying pressure may be attributed to positive sentiment in the gems and jewelry sector, alongside the stock's robust historical performance.