Shaily Engineering Plastics Ltd's Stock Reaches All-Time High, Shows Strong Growth Potential

Nov 28 2024 02:55 PM IST
share
Share Via
Shaily Engineering Plastics Ltd, a midcap company in the plastic products industry, has shown a positive trend in the stock market with its recent performance. According to MarketsMojo, the stock is a 'Buy' call, reflecting the company's strong financials and growth potential. Despite a slight dip today, the stock is trading close to its 52-week high and has consistently outperformed the Sensex, making it a promising investment option for long-term growth.

Shaily Engineering Plastics Ltd, a midcap company in the plastic products industry, has been making waves in the stock market with its recent performance. On November 28, 2024, the company's stock price reached an all-time high, indicating a positive trend for investors.

According to MarketsMOJO, a leading stock market analysis platform, Shaily Engineering Plastics Ltd's stock is a 'Buy' call. This is a testament to the company's strong financials and growth potential.

The stock is currently trading close to its 52-week high of Rs 1333.3, with a slight difference of 3.84%. Despite underperforming the sector by -0.83% today, the stock has shown a trend reversal after two consecutive days of gains. This indicates a strong buying sentiment among investors.

Intraday, the stock touched a low of Rs 1247.1, which is a decrease of 3.54%. However, the stock is still trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This is a positive sign for the company's future performance.

In comparison to the Sensex, Shaily Engineering Plastics Ltd has shown an impressive 1-year performance of 295.74%, while the Sensex has only grown by 19.54%. This showcases the company's strong growth trajectory and potential for future growth.

With its consistent performance and positive outlook, Shaily Engineering Plastics Ltd is a promising midcap company in the plastic products industry. Investors can consider adding this stock to their portfolio for long-term growth.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News