Shaily Engineering Plastics Outperforms Sector and Broader Market Amid Strong Upward Trend

Jan 31 2025 11:20 AM IST
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Shaily Engineering Plastics experienced notable stock activity on January 31, 2025, outperforming its sector and the broader market. The stock has shown a strong upward trend over the past three days, trading above key moving averages and reflecting a solid position within the plastic products industry.
Shaily Engineering Plastics has shown significant activity today, with the stock rising by 5.0% on January 31, 2025. This performance has allowed the company to outperform its sector, which gained 2.3%, by a margin of 1.16%. Over the past three days, Shaily Engineering Plastics has demonstrated a strong upward trend, accumulating a total return of 14.32%.

The stock opened with a notable gain of 4.02% and reached an intraday high of Rs 1529, reflecting a 4.77% increase at its peak. Additionally, Shaily Engineering Plastics is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust performance relative to its historical price trends.

In terms of broader market performance, Shaily Engineering Plastics has outperformed the Sensex, which recorded a modest gain of 0.61% today. Over the past month, the stock has increased by 4.96%, contrasting with the Sensex's decline of 1.16%. This performance highlights Shaily Engineering Plastics' strong position within the plastic products industry.
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