Sai Silks (Kalamandir) Ltd sees 7.08% increase in stock price, outperforms sector

Sai Silks (Kalamandir) Ltd, a smallcap company in the retailing industry, saw a 7.08% increase in its stock price on October 23, 2024. This outperformed the sector by 2.68%, with the stock touching an intraday high of Rs 168.95 (7.3%). The stock has also shown a trend reversal, gaining after two consecutive days of fall.

However, Sai Silks is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its stock price. The retailing sector as a whole has seen a 4.4% increase, showing positive movement in the industry.

In comparison to the Sensex performance, Sai Silks has outperformed with a 1-day performance of 6.83% compared to the Sensex's 0.19%. However, over the past month, the company's stock has seen a decline of -11.71%, while the Sensex has seen a decline of -5.36%.

It is important to note that this information is based on factual data and does not include any external sources or opinions. As a smallcap company in the retailing industry, Sai Silks (Kalamandir) continues to show potential for growth and investors should keep an eye on its performance in the coming days.