Nahar Spinning Mills Ltd Reaches 52-Week High, Outperforms Sector and Sensex

Feb 02 2024 09:36 AM IST
share
Share Via
Nahar Spinning Mills Ltd, a smallcap company in the textile industry, has reached a new milestone as its stock price hit a 52-week high on February 2nd, 2024. The stock has been performing well, outperforming the sector and gaining for four consecutive days. It is currently trading higher than its moving averages, showcasing its strong growth and potential in the market.

Nahar Spinning Mills Ltd, a smallcap company in the textile industry, has recently reached a new milestone as its stock price touched a 52-week high on February 2nd, 2024. This news has caught the attention of investors and market analysts, with MarketsMOJO giving a 'Sell' call for the stock.

The stock has been performing well in the market, outperforming the sector by 0.71% and gaining for the last four consecutive days. In this period, the stock has seen a rise of 17.34%, indicating a positive trend for the company. Moreover, Nahar Spinning is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which further strengthens its position in the market.

In comparison to the Sensex performance of 20.97%, Nahar Spinning has shown a remarkable 1-year performance of 41.35%. This showcases the company's strong growth and potential in the textile industry.

Nahar Spinning Mills Ltd has been making steady progress in the market, and its recent achievement of reaching a 52-week high is a testament to its success. With its consistent performance and positive outlook, the company is definitely one to watch out for in the smallcap textile industry.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News