Shaily Engineering Plastics Ltd Hits New 52-Week High, Outperforms Sector

Aug 30 2024 03:35 PM IST
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Shaily Engineering Plastics Ltd, a smallcap company in the plastic products industry, has reached a new 52-week high on August 30, 2024. The stock has been performing well, with a 'Hold' call from MarketsMojo. It has also been on a consecutive gain for the last 3 days, with a 15.49% increase in returns. The company's performance has been impressive, with a 212.37% increase in the past year.

Shaily Engineering Plastics Ltd, a smallcap company in the plastic products industry, has recently reached a new 52-week high on August 30, 2024. The stock has been performing well in the market, with a 'Hold' call from MarketsMOJO.

On August 30, the stock hit a new high of Rs. 1059.9, outperforming the sector by 0.98%. It has also been on a consecutive gain for the last 3 days, with a 15.49% increase in returns during this period. The stock's intraday high was Rs. 1059.9, while the intraday low was Rs. 995.

Shaily Engineering Plastics Ltd is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market. In the past year, the company's performance has been impressive, with a 212.37% increase, compared to the Sensex's 26.55% performance.

As a smallcap company in the plastic products industry, Shaily Engineering Plastics Ltd has shown strong growth and potential in the market. With its recent 52-week high and positive performance, it is definitely a stock to keep an eye on.
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