Parmeshwari Silk Mills Achieves 52-Week High Amidst Market Fluctuations

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. 45.65. This milestone was achieved on September 1, 2025, marking a significant moment for the company. The stock has notably outperformed its sector by 9.22% today, reflecting a strong performance amidst a fluctuating market environment.
Trading activity has been somewhat erratic, with the stock not trading on three days out of the last 20. However, it opened with a substantial gain of 10% today, indicating positive momentum. The stock has maintained its price at Rs. 45.65 throughout the trading session, reaching an intraday high of the same value.

In terms of technical indicators, Parmeshwari Silk Mills is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust position in the market. Over the past year, the stock has shown a performance of 0.00%, contrasting with the Sensex, which has declined by 2.51%. The stock's 52-week low stands at Rs. 15, highlighting its significant recovery.