SMT Engineering Hits New 52-Week High of Rs. 92.62
SMT Engineering has reached a significant milestone today, hitting a new 52-week high of Rs. 92.62. This achievement marks a notable moment for the microcap company in the Trading & Distributors industry, reflecting its strong performance in recent weeks. The stock has demonstrated impressive momentum, gaining for the last 21 consecutive days and delivering a remarkable 51.41% return during this period.In today's trading session, SMT Engineering outperformed its sector by 0.71%, indicating robust market activity. The stock opened at Rs. 92.62 and has maintained this price throughout the trading day. Additionally, SMT Engineering is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend.
While the broader market has shown resilience, with the Sensex recovering from an initial dip, SMT Engineering's performance stands out. The stock's journey from a 52-week low of Rs. 9.29 to its current high underscores its significant growth and market position.
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