Parmeshwari Silk Mills Achieves 52-Week High Amidst Market Volatility
Parmeshwari Silk Mills, a microcap in the Garments & Apparels sector, reached a new 52-week high of Rs. 37.73 on August 22, 2025. Despite erratic trading, the stock has shown strong performance, trading above key moving averages and recovering significantly from its 52-week low of Rs. 15.
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. 37.73. This milestone was achieved on August 22, 2025, marking a significant moment for the company. The stock has notably outperformed its sector by 10.6% today, reflecting a strong performance amid broader market trends.Trading activity has been somewhat erratic, with the stock not trading on four out of the last 20 days. However, it opened with a notable gain of 10% today, indicating positive momentum. The stock has maintained its price at Rs. 37.73 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%, in contrast to the Sensex, which has gained 0.69%. The stock's 52-week low stands at Rs. 15, highlighting its significant recovery.
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