Shaily Engineering Plastics Ltd Hits 52-Week High, Outperforms Sector and Sensex
Shaily Engineering Plastics Ltd, a smallcap company in the plastic products industry, has reached a 52-week high with its stock price at Rs.1105.7 on November 6, 2024. The stock has shown consecutive gains for the last 2 days and has outperformed the sector by 2.03% today. With impressive growth in the past year and a 'Hold' call from MarketsMojo, the company is a strong contender in the smallcap market.
Shaily Engineering Plastics Ltd, a smallcap company in the plastic products industry, has recently hit a 52-week high with its stock price reaching Rs.1105.7 on November 6, 2024. This has been a consecutive gain for the company, with the stock rising for the last 2 days and showing a 11.01% return in that period.
The stock has also outperformed the sector by 2.03% today, indicating a positive trend for the company. Shaily Engineering Plastics Ltd is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further solidifying its strong performance in the market.
In the past year, Shaily Engineering Plastics Ltd has shown an impressive growth of 219.84%, outperforming the Sensex's performance of 22.87%. This showcases the company's strong potential and growth in the plastic products industry.
MarketsMOJO has given a 'Hold' call for Shaily Engineering Plastics Ltd, indicating a neutral stance on the stock. With its recent 52-week high and consistent growth, Shaily Engineering Plastics Ltd is definitely a company to watch out for in the smallcap market.
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