SKM Egg Products Hits New 52-Week High Amidst Strong Buying Activity

SKM Egg Products Export (India) Ltd is currently witnessing significant buying activity, with the stock gaining 4.99% today, outperforming the Sensex, which only increased by 0.19%. Over the past week, SKM has shown remarkable performance with a 19.87% rise, while the Sensex declined by 1.56%. The stock has consistently gained over the last six days, accumulating a total return of 20.41% during this period.
Today, SKM reached a new 52-week high of Rs 320.05, reflecting strong market interest. The stock opened with a gap up of 4.99% and has maintained this price level throughout the trading session. Notably, the stock's intraday volatility was high, recorded at 592.3%, indicating fluctuating trading conditions.

In terms of moving averages, SKM Egg Products is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust upward trend. The stock's performance over various time frames is impressive, with a 455.16% increase over three years and an extraordinary 845.49% rise over five years, significantly outpacing the Sensex during the same periods.