Shri Jagdamba Polymers Achieves New High Amid Broader Market Decline

Shri Jagdamba Polymers, a small-cap player in the packaging industry, has shown remarkable performance today, gaining 9.4% and reaching a new 52-week high of Rs. 1149. This surge is particularly noteworthy as it outperformed the broader market, with the Sensex declining by 0.2%. The stock's intraday high of Rs. 1149 reflects a robust trading session, with a notable increase of 10.37% at its peak.
In terms of moving averages, Shri Jagdamba Polymers is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Over the past week, the stock has gained 17.44%, significantly outperforming the Sensex, which has seen a decline of 1.08%.

Looking at longer-term performance, Shri Jagdamba Polymers has delivered impressive returns, with a 1-year increase of 85.89% compared to the Sensex's 9.91%. Year-to-date, the stock has risen by 50.13%, further solidifying its position in the market. Overall, the company's performance metrics highlight its strong market position and resilience amid broader market fluctuations.