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 last 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 is currently above 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 return of 146.47%, significantly outpacing the Sensex, which has seen a return of just 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 ability to manage debt effectively. Additionally, Shaily Engineering Plastics has consistently reported positive results for the last eight consecutive quarters, showcasing its operational efficiency and growth potential.