Shalimar Paints Ltd. Sees 9.11% Stock Increase, Outperforms Sector on July 4th

Shalimar Paints Ltd., a smallcap company in the paints industry, has seen a positive trend in its stock performance on July 4th, 2024. The stock gained 9.11%, outperforming the sector by 4.98%. This marks the second consecutive day of gains for the company, with a total increase of 7.19% in the past two days. The stock's intraday high was Rs 149.15, a 6.54% increase from the previous day, while the intraday low was Rs 137.2, a 2% decrease. The stock's moving averages are currently higher than the 5-day and 20-day averages, but lower than the 50-day, 100-day, and 200-day averages. In comparison to the Sensex performance, Shalimar Paints Ltd. has outperformed with a 1-day performance of 9.11% compared to Sensex's 0.28%. However, in the past month, the company's performance has been slightly lower than the Sensex, with a 10.21% increase compared to Sensex's 11.29%. It is important to note that this information is based on facts and figures and does not include any external data or sources. As a smallcap company in the paints industry, Shalimar Paints Ltd. has shown a positive trend in its stock performance, but it is always recommended to do thorough research and consult with a financial advisor before making any investment decisions.