Safari Industries Shows Long-Term Growth Amid Recent Market Volatility

Safari Industries (India) Ltd, a mid-cap player in the plastic products industry, has shown notable activity in the stock market today. The company's market capitalization stands at Rs 10,015.00 crore, with a price-to-earnings (P/E) ratio of 68.30, significantly higher than the industry average of 39.22.
In terms of performance, Safari Industries has experienced a mixed trajectory over various time frames. Over the past year, the stock has gained 0.68%, slightly outperforming the Sensex, which rose by 0.07%. However, the stock has faced challenges in the short term, with a 1-day increase of 0.95% compared to the Sensex's 1.01% rise. The 1-week performance shows a decline of 6.92%, while the 1-month performance is down by 11.37%, both underperforming against the Sensex.

Longer-term metrics reveal a more favorable picture, with a remarkable 372.15% increase over three years and an impressive 608.75% rise over five years. Despite recent volatility, Safari Industries has demonstrated significant growth over the longer term, reflecting its resilience in the competitive plastic products market.