Shaily Engineering Plastics Ltd Hits All-Time High, Outperforms Sector and Sensex

Aug 19 2024 09:28 AM IST
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Shaily Engineering Plastics Ltd, a smallcap company in the plastic products industry, has reached an all-time high price on August 19, 2024. The stock has been performing well, with a 'Hold' call from MarketsMojo. It hit a new 52-week high of Rs.1035, outperforming the sector by 1.94% and has been trading consistently at this price. The stock has also shown a remarkable 1-year performance of 207.99%, indicating strong growth and potential in the industry.

Shaily Engineering Plastics Ltd, a smallcap company in the plastic products industry, has recently reached an all-time high price on August 19, 2024. The stock has been performing well, with a 'Hold' call from MarketsMOJO.

Today, the stock hit a new 52-week high of Rs.1035, outperforming the sector by 1.94%. It has also been gaining for the last two days, with a 14.31% increase in returns during this period. The stock opened with a gain of 2.37% and reached an intraday high of Rs.1035.

Shaily Engineering Plastics Ltd has been trading at a consistent price of Rs.1035 since its opening, showing no range in its movement. The stock has also been highly volatile today, with an intraday volatility of 6.69%, calculated from the weighted average price.

In terms of moving averages, Shaily Engineering Plastics Ltd is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend in the stock's performance.

Compared to the Sensex's performance of 24.03%, Shaily Engineering Plastics Ltd has shown a remarkable 1-year performance of 207.99%. This showcases the company's strong growth and potential in the plastic products industry.

Overall, Shaily Engineering Plastics Ltd has been performing well and has reached an all-time high price, making it a promising investment option for investors.
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