String Metaverse Achieves Record High Amid Broader Market Downturn and Small-Cap Gains

String Metaverse, a small-cap player in the Paper, Forest & Jute Products industry, has shown significant activity today, gaining 10.24% as of June 30, 2025. The stock reached a new 52-week and all-time high of Rs. 189, reflecting its strong performance in the current market environment.
Despite some erratic trading patterns, with the stock not trading on four days out of the last 20, it is currently positioned above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its short- to long-term performance metrics.

In contrast, the broader market is experiencing a downturn, with the Sensex declining by 0.39% to 83,733.01 after a flat opening. The Sensex remains close to its 52-week high, trading above its 50-day moving average, which is also above the 200-day moving average. Notably, small-cap stocks are leading the market today, with the BSE Small Cap index gaining 0.55%.

Over the past month, String Metaverse has outperformed the Sensex significantly, with a 33.91% increase compared to the Sensex's 2.80%. Over the last three months, the stock has surged by 108.26%, while the Sensex has risen by 8.16%.