SKM Egg Products Achieves New 52-Week High Amidst Strong Buying Activity
Over the past month, SKM Egg Products has surged by 17.09%, while the Sensex has declined by 2.02%. This trend is further highlighted by its remarkable three-month performance, where the stock has soared by 75.79%, contrasting sharply with the Sensex's drop of 1.94%. Year-to-date, SKM Egg Products has gained 35.17%, significantly outpacing the Sensex's 3.45% increase.
The stock opened at a new 52-week high of Rs. 340.15 and has maintained this price throughout the trading session. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The robust buying pressure may be attributed to positive market sentiment and strong performance metrics, positioning SKM Egg Products as a standout in its industry.
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