Shah Metacorp Hits New 52-Week High at Rs. 5.5
Shah Metacorp, a microcap in the Iron & Steel Products sector, achieved a new 52-week high of Rs. 5.5 on November 4, 2025, despite recent underperformance and a decline of 0.66% today. The stock remains above key moving averages, indicating a positive long-term trend.
Shah Metacorp, a microcap player in the Iron & Steel Products industry, has reached a significant milestone by hitting a new 52-week high of Rs. 5.5 today, November 4, 2025. This achievement marks a notable point in the stock's performance, especially considering its 52-week low was recorded at Rs. 2.72.Despite this high, the stock has recently underperformed its sector, showing a decline of 0.66% today. Over the past three days, Shah Metacorp has experienced a consecutive fall, resulting in a total decrease of 4.2%. However, it is noteworthy that the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its longer-term performance metrics.
In the broader market context, the Sensex has shown a slight negative movement, trading at 83,808.83, which is 1.77% away from its own 52-week high. The mid-cap segment is leading the market today, with the BSE Mid Cap index gaining 0.18%.
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