Shaily Engineering Plastics Hits New 52-Week High of Rs. 2785

Shaily Engineering Plastics has reached a significant milestone by hitting a new 52-week high of Rs. 2785 today, marking a notable achievement for the small-cap company in the plastic products industry. This new high reflects a robust performance, as the stock has outperformed its sector by 6.87% and has shown a remarkable consecutive gain over the past four days, accumulating returns of 13.28% during this period. The stock's performance is further underscored by its trading position, as it consistently exceeds its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, Shaily Engineering Plastics has delivered an impressive 146.47% return, significantly outpacing the Sensex, which has only seen a 9.17% increase. The company has demonstrated strong financial health, with a high return on capital employed (ROCE) of 15.49% and a low debt-to-EBITDA ratio of 1.33 times, indicating its ability to manage debt effectively. With positive results reported for the last eight consecutive quarters, Shaily Engineering Plastics continues to solidify its position in the market.