Shaily Engineering Plastics Achieves All-Time High Amid Strong Market Performance

Shaily Engineering Plastics has reached a significant milestone, hitting an all-time high of Rs. 2332.75 today. This small-cap company, operating in the plastic products industry, has shown remarkable performance metrics, outperforming its sector by 1.21% today alone. Over the past two days, the stock has gained 3.5%, reflecting a strong upward trend.
In terms of performance, Shaily Engineering Plastics has consistently outperformed the broader market indices. Over the last month, the stock has surged by 27.40%, while its one-year performance stands at an impressive 143.43%. Additionally, the company has demonstrated robust financial health, with a low Debt to EBITDA ratio of 1.43 times and a remarkable operating profit growth rate of 43.59%.

The stock's moving averages indicate a strong bullish trend, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages. Institutional holdings are also noteworthy, with a 23.84% stake, reflecting confidence in the company's fundamentals. With positive results reported for the last seven consecutive quarters, Shaily Engineering Plastics continues to solidify its position as a reliable performer in the market.