Shekhawati Poly-Yarn Ltd: Microcap Textile Company Soars with Impressive Performance and Record High Share Price

Shekhawati Poly-Yarn Ltd, a microcap textile company, has been making waves in the stock market as its share price reached an all-time high of Rs.7.32 on August 7th, 2024. This comes as no surprise as the company has been consistently outperforming the sector, with a consecutive gain for the last two days and a 3.98% increase in returns.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the stock call for Shekhawati Poly-Yarn is 'Hold'. This is based on the company's impressive performance and its current trading position above the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, Shekhawati Poly-Yarn has shown a remarkable growth of 1230.91%, while the Sensex has only seen a 20.25% increase. This further solidifies the company's position as a strong player in the textile industry.

With its consistent growth and strong performance, Shekhawati Poly-Yarn is definitely a company to watch out for in the microcap segment. Investors can hold on to their shares and expect to see more positive results in the future.