SKM Egg Products Achieves Remarkable 59.33% Gain Over Three Months Amid Strong Demand

SKM Egg Products Export (India) Ltd is witnessing significant buying activity, with the stock showing a 1.99% increase today, contrasting sharply with the Sensex's decline of 0.72%. This performance highlights a strong demand for the stock, particularly in the context of its impressive long-term growth metrics. Over the past month, SKM has surged by 16.43%, while the Sensex has dipped by 0.95%.
In the last three months, SKM has delivered a remarkable 59.33% gain, significantly outperforming the Sensex, which has only increased by 0.56%. Year-to-date, the stock has risen by 32.33%, compared to the Sensex's 4.18% increase. Over a three-year period, SKM's growth stands at an astounding 370.01%, far exceeding the Sensex's 38.51%.

Today, the stock opened at 323.1 and has maintained this price, indicating a stable trading environment. It is currently positioned above its 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust trend. The strong buying pressure may be attributed to the company's solid performance metrics and favorable market conditions within the FMCG sector.