Microcap Textile Company Shekhawati Poly-Yarn Surges, Outperforms Sector by 1.66%

Shekhawati Poly-Yarn Ltd, a microcap textile company, has been making waves in the stock market as its share price reached a 52-week high on July 2nd, 2024. The stock has been on a steady rise for the past 9 days, outperforming the sector by 1.66%. This has resulted in a gain of 18.56% in the period.

The company's stock call by MarketsMOJO is 'Sell', but this has not deterred investors from showing interest in Shekhawati Poly-Yarn. The stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.

In the past year, Shekhawati Poly-Yarn has shown an impressive performance with a 660.32% increase in its stock price, while the Sensex has only seen a 22.77% growth. This showcases the company's strong potential and growth in the textile industry.

Shekhawati Poly-Yarn, being a microcap company, may not be on the radar of many investors, but its recent performance and growth potential make it a company to watch out for. With its consistent rise in stock price and outperforming the sector, Shekhawati Poly-Yarn is definitely a company to keep an eye on in the textile industry.