Sai Silks (Kalamandir) Ltd's Stock Sees Significant Increase, Outperforms Sector and Sensex
On September 16, 2024, Sai Silks (Kalamandir) Ltd, a smallcap retail company, saw a significant increase in its stock price, gaining 8.18% and outperforming the sector by 7.41%. This marks the second consecutive day of gains, with a total increase of 9.35% in the past two days. The stock is currently trading higher than its moving averages and has outperformed the Sensex in the past month. MarketsMojo's stock call is currently 'Sell', but the company's performance is worth monitoring for potential investors.
Sai Silks (Kalamandir) Ltd, a smallcap retail company, saw a significant increase in its stock price on September 16, 2024. The stock gained 8.18%, outperforming the sector by 7.41%. This marks the second consecutive day of gains for the company, with a total increase of 9.35% in the past two days.
The stock reached an intraday high of Rs 187.3, showing a strong performance in the market. It is currently trading higher than its 5-day, 20-day, 50-day, and 100-day moving averages, but lower than its 200-day moving average.
In comparison to the overall market performance, Sai Silks (Kalamandir) Ltd has outperformed the Sensex by a significant margin. On the day of the stock's gain, it showed a 7.02% increase, while the Sensex only saw a 0.22% increase. In the past month, the company's stock has also outperformed the Sensex, with a 21.72% increase compared to the Sensex's 3.28% increase.
Sai Silks (Kalamandir) Ltd's stock call by MarketsMOJO is currently 'Sell'. However, it is important to note that this is a fact-based analysis and does not include any external data or sources. As a smallcap company in the retail industry, Sai Silks (Kalamandir) Ltd's stock performance is worth keeping an eye on for potential investors.
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