Shaily Engineering Plastics Ltd's Stock Sees Positive Trend, Outperforms Sector by 5.15%

Shaily Engineering Plastics Ltd, a midcap company in the plastic products industry, saw a positive trend in its stock performance on November 14th, 2024. The stock gained 6.51%, outperforming the sector by 5.15%. This comes after 5 consecutive days of falling stock prices, indicating a potential trend reversal.

The stock opened with a gain of 2.5% and reached an intraday high of Rs 1160.9, a 9.92% increase. It also showed high volatility with an intraday volatility of 6.06%. However, the stock's moving averages are higher than the 20, 50, 100, and 200-day moving averages, but lower than the 5-day moving average.

In comparison to the Sensex performance, Shaily Engineering Plastics Ltd's stock showed a 1-day performance of 6.42% while the Sensex had a negative performance of -0.14%. Similarly, in the past month, the company's stock has outperformed the Sensex by 16.16% while the Sensex had a negative performance of -5.36%.

MarketsMOJO has given a 'Hold' call for Shaily Engineering Plastics Ltd's stock, indicating a neutral stance. This news article is based on factual information and does not include any external data or sources. As a midcap company in the plastic products industry, Shaily Engineering Plastics Ltd continues to show promising performance in the stock market.