Shetron Experiences Revision in Its Score Amid Strong Market Performance and New Highs

Jan 01 2025 11:35 AM IST
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Shetron has recently been added to MarketsMojo's list following a revision in its score, reflecting its strong market performance. The stock reached a new 52-week high, showcasing resilience and significant gains over the past year, outperforming the broader market. This adjustment highlights Shetron's upward momentum and positive trend reversal.
Shetron, a microcap player in the packaging industry, has recently made headlines as its stock price reached a new 52-week high of Rs. 184.4. This milestone was achieved on January 1, 2025, marking a significant moment for the company. The stock has shown resilience, reversing a three-day decline and outperforming its sector by 7.1% on the same day.

In light of these developments, MarketsMOJO has made an adjustment in its evaluation of Shetron, reflecting the stock's strong performance metrics. Notably, Shetron has consistently traded above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend.

Over the past year, Shetron has delivered an impressive performance, gaining 82.60%, significantly outpacing the Sensex, which recorded an increase of 8.63%. This performance underscores Shetron's solid market position within the packaging sector. Additionally, the stock has been added to MarketsMOJO's list, further highlighting its potential in the current market landscape.
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