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 consecutive gain over the past four days, accumulating a total return 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 impressive returns of 146.47%, significantly outpacing the Sensex, which has seen a return of 9.17%.

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 strong ability to service debt. Additionally, Shaily Engineering Plastics has reported positive results for the last eight consecutive quarters, showcasing its consistent operational efficiency and growth.