Shukra Jewellery Reaches New 52-Week High Amid Strong Annual Growth

Shukra Jewellery, a microcap player in the diamond and gold jewellery industry, has recently achieved a significant milestone by reaching a new 52-week high of Rs. 17.24 on December 30, 2024. This performance marks a notable achievement for the company, especially as it has outperformed its sector by 2.63% on the same day.
The stock has shown impressive momentum, gaining for 12 consecutive days and delivering a remarkable 24.57% return during this period. This upward trend is further supported by the fact that Shukra Jewellery is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong short-term and long-term performance.

Over the past year, Shukra Jewellery has delivered a robust return of 61.12%, significantly outpacing the Sensex, which has recorded an 8.90% increase in the same timeframe. This performance underscores Shukra Jewellery's position within the competitive landscape of the jewellery market, highlighting its resilience and growth in a challenging economic environment.