Shetron Hits 52-Week High and Shows Strong Growth Potential in Packaging Industry

Oct 18 2024 09:35 AM IST
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Shetron, a microcap company in the packaging industry, has reached a new 52-week high and all-time high of Rs.167. With a 'Hold' call from MarketsMojo and outperforming the sector by 2.07%, the stock has shown strong growth potential. It has also consistently gained for the past 2 days and has outperformed the Sensex by 43.58% in the past year. Currently trading above its moving averages, Shetron is a company to watch in the packaging industry.


Shetron, a microcap company in the packaging industry, has recently hit a 52-week high on October 18, 2024. The stock has been performing well, with a 'Hold' call from MarketsMOJO. The current price of Rs.167 is not only a new 52-week high, but also an all-time high for the company.

In today's trading, Shetron has outperformed the sector by 2.07%, showing strong growth potential. The stock has been on a consecutive gain for the past 2 days, with a 9.24% increase in returns during this period. This is a positive sign for investors, indicating a bullish trend for the company.

Shetron's performance over the past year has been impressive, with a 43.58% increase compared to the Sensex's 22.28% performance. This further highlights the company's strong growth and potential for future success.

It is worth noting that Shetron is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the stock and suggests that it may continue to perform well in the near future.

Overall, Shetron's recent 52-week high and strong performance in the market make it a company to watch in the packaging industry. With a 'Hold' call from MarketsMOJO and a strong track record, Shetron is definitely a stock to keep an eye on.
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