Mardia Samyoung Stock Surges to New High Amid Broader Market Volatility
Mardia Samyoung Capillary Tubes Company has reached a new 52-week high of Rs. 25.01, following a notable 147.13% increase over the past 12 days. The stock is currently trading above all major moving averages, contrasting with the broader market's recent volatility, as the Sensex experiences a slight decline.
Mardia Samyoung Capillary Tubes Company, a microcap player in the non-ferrous metals industry, has made headlines today as its stock price reached a new 52-week high of Rs. 25.01. This milestone comes after a remarkable performance, with the stock gaining 147.13% over the past 12 days, significantly outperforming its sector by 2.23%. Currently, Mardia Samyoung is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price movement. In contrast, the broader market is experiencing some volatility, with the Sensex opening positively but later declining by 264.63 points to trade at 83,393.57, a decrease of 0.17%. Despite this, the Sensex remains close to its 52-week high, just 3.1% away from the peak of 85,978.25.
Over the past year, Mardia Samyoung's performance has been flat at 0.00%, while the Sensex has shown a growth of 4.34%. The stock's 52-week low stands at Rs. 2.27, highlighting the significant recovery it has achieved in recent weeks.
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