Shaily Engineering Plastics Ltd Hits All-Time High, Outperforms Sector with Strong Performance

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

The stock's price summary shows that it hit a new 52-week high of Rs.1035 on the same day, outperforming the sector by 1.94%. It has also been gaining for the past two days, with a 14.31% increase in returns during this period. The stock opened with a gain of 2.37% today and reached an intraday high of Rs.1035.

One notable aspect of the stock's performance is its high volatility, with an intraday volatility of 6.69%. This is calculated from the weighted average price, indicating that the stock has been fluctuating significantly throughout the day.

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

In comparison to the Sensex's performance of 24.03%, Shaily Engineering Plastics Ltd has shown a remarkable 1-year performance of 207.99%. This further highlights the company's strong performance in the market.

Overall, Shaily Engineering Plastics Ltd has been making significant strides in the market, with its stock price reaching an all-time high and outperforming the sector. Its consistent gains and positive trend in moving averages make it a promising company to watch in the plastic products industry.