Parmeshwari Silk Mills Achieves 52-Week High Amid Mixed Market Sentiment
Parmeshwari Silk Mills has reached a new 52-week high of Rs. 52.83, reflecting strong performance in the Garments & Apparels sector. The stock opened with a notable gain and has consistently traded above key moving averages, indicating a positive trend amidst mixed broader market sentiment.
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. 52.83. This milestone was achieved on September 9, 2025, marking a significant moment for the company. The stock has shown strong performance today, outperforming its sector by 5.09%. Opening with a notable gain of 4.99%, Parmeshwari Silk Mills has maintained its price throughout the trading session, reflecting stability in its current valuation. The stock has demonstrated consistent strength, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance metrics.
In the broader market context, the Sensex opened higher at 81,129.69, gaining 342.39 points (0.42%), and is currently trading at 81,059.93 (0.34%). While the Sensex is trading below its 50-day moving average, it is noteworthy that the 50-day moving average is above the 200-day moving average, suggesting a mixed market sentiment. Over the past year, Parmeshwari Silk Mills has maintained a performance of 0.00%, contrasting with the Sensex's decline of 0.61%.
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