Parmeshwari Silk Mills Achieves 52-Week High Amidst Strong Midcap Market Performance

Sep 05 2025 04:11 PM IST
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Parmeshwari Silk Mills has reached a new 52-week high of Rs. 50.32, reflecting strong performance in the Garments & Apparels sector. Despite some erratic trading, the stock has consistently traded above key moving averages and has maintained a stable performance over the past year compared to the broader market.
Parmeshwari Silk Mills, a microcap player in the Garments & Apparels industry, has made headlines today as its stock price reached a new 52-week high of Rs. 50.32. This milestone was achieved on September 5, 2025, marking a significant moment for the company. The stock opened with a notable gain of 4.99% and has maintained this price throughout the trading session, reflecting a strong performance compared to its sector peers, outperforming by 5.4%.

Despite some erratic trading patterns, with the stock not trading on three days out of the last 20, it has shown resilience by trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, Parmeshwari Silk Mills has maintained a performance of 0.00%, contrasting with the Sensex's decline of 1.81%.

In the broader market context, the Nifty index closed at 24,741.00, showing a slight change of 6.7 points (0.03%). The Nifty Midcap 100 index has been leading the market with a gain of 0.2%, indicating a favorable environment for mid-cap stocks.
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