Mardia Samyoung Capillary Tubes Achieves 132.91% Gain, Hits New 52-Week High

Mardia Samyoung Capillary Tubes Company Ltd is currently witnessing significant buying activity, marking a notable performance in the non-ferrous metals sector. The stock has experienced consecutive gains over the past nine days, accumulating an impressive 132.91% return during this period. Today, it opened with a gap up of 4.99%, reaching an intraday high of Rs. 23.57, which also represents a new 52-week high.
In terms of performance relative to the Sensex, Mardia Samyoung has outperformed the index significantly. Over the past day, the stock rose by 4.99%, while the Sensex saw a slight decline of 0.06%. Over the past week, Mardia Samyoung's performance was even more pronounced, with a 27.47% increase compared to the Sensex's drop of 0.27%.

Despite a stagnant performance over the last month and year, the stock's recent surge can be attributed to strong buying pressure, as evidenced by its consistent gains and trading above key moving averages. The stock is currently positioned higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend.