Nivaka Fashions Outperforms Sensex Amidst Mixed Long-Term Performance Trends

Nivaka Fashions, a microcap player in the Garments & Apparels industry, has shown significant activity today, with a remarkable one-day performance increase of 19.79%, outperforming the Sensex, which rose by only 0.54%. Over the past week, Nivaka Fashions has surged by 26.20%, while the Sensex experienced a slight decline of 0.06%.
In terms of annual performance, Nivaka Fashions has achieved a 10.34% increase over the past year, significantly surpassing the Sensex's 1.98% gain. Year-to-date, the stock has risen by 20.43%, compared to the Sensex's 5.20%. However, a longer-term view reveals mixed results, with a 5-year performance decline of 59.09% against the Sensex's impressive 116.71% rise.

Technical indicators reflect a bullish sentiment in the weekly and monthly MACD and Bollinger Bands, while the monthly RSI indicates a bearish trend. The stock's current market capitalization stands at Rs 46.00 crore, with a price-to-earnings ratio of -46.01, contrasting with the industry average of 35.58.