Manor Estates & Industries Achieves 52-Week High Amid Strong Textile Sector Performance

Jan 14 2025 10:35 AM IST
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Manor Estates & Industries, a microcap textile company, has achieved a new 52-week high, reflecting strong performance with a 106.48% return over the past 21 days. The stock has consistently traded above key moving averages and has outperformed the Sensex significantly over the past year.
Manor Estates & Industries, a microcap player in the textile sector, has reached a new 52-week high of Rs. 18.15 as of January 14, 2025. This achievement highlights the stock's strong performance, as it has outperformed its sector by 1.32% on the same day. Over the past 21 days, Manor Estates has recorded an impressive return of 106.48%.

The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained upward trend. Over the last year, Manor Estates & Industries has delivered a remarkable performance of 209.20%, significantly surpassing the Sensex's gain of 5.56%.

While the stock has shown notable growth, it is essential for investors to consider the broader market context and performance indicators when evaluating its position.
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