Shaily Engineering Plastics Hits Day High with 7.18% Surge in Strong Performance
Shaily Engineering Plastics has shown strong performance today, gaining 7.18% and reaching an intraday high of Rs 2475.35. The stock has outperformed its sector and demonstrated consistent momentum, with a total return of 7.55% over the last two days, despite broader market declines.
Shaily Engineering Plastics has experienced a significant uptick today, gaining 7.18% and reaching an intraday high of Rs 2475.35, reflecting an increase of 8.53%. This performance marks a notable outperformance against its sector, exceeding sector gains by 7.66%. The stock has shown consistent momentum, with a consecutive gain over the last two days, accumulating a total return of 7.55% during this period.Today's trading has been characterized by high volatility, with an intraday volatility rate of 5.38%. Shaily Engineering Plastics is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price performance.
In the broader market context, the Sensex has faced a decline of 0.31% today, closing at 83,716.11 after a flat opening. Despite this, Shaily Engineering Plastics has demonstrated resilience, with impressive performance metrics over various time frames, including a remarkable 151.23% increase over the past year and a staggering 571.40% rise over the last three years.
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