Parmeshwari Silk Mills Achieves 52-Week High Amid Broader Market Downturn

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. 41.5. This milestone was achieved on August 28, 2025, marking a significant performance indicator for the company. The stock opened with a notable gain of 9.99% and has maintained this price throughout the trading session, reflecting strong market activity.
In terms of performance, Parmeshwari Silk Mills has outperformed its sector by 9.98%, showcasing its competitive position within the industry. The stock has demonstrated erratic trading patterns, having not traded on four days out of the last 20. However, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its short to long-term performance.

In contrast, the broader market is experiencing a slight downturn, with the Sensex trading at 80,604.68, down 0.23% after a flat opening. Over the past year, Parmeshwari Silk Mills has maintained a performance of 0.00%, while the Sensex has seen a decline of 1.49%. The stock's 52-week low stands at Rs. 15, highlighting its significant recovery to current levels.