Super Spinning Mills Sees Revision in Its Score Amid Strong Performance Metrics

Jan 06 2025 12:35 PM IST
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Super Spinning Mills has recently been added to MarketsMojo's list following a revision in its score, reflecting its strong performance in the textile sector. The stock has outperformed its sector and achieved significant returns over the past year, indicating a positive trend despite broader market challenges.
Super Spinning Mills, a microcap player in the textile industry, has recently made headlines as it reached a new 52-week high of Rs. 14.4. This milestone was achieved on January 6, 2025, marking a significant moment for the company. Over the past five days, Super Spinning Mills has demonstrated strong performance, gaining 8.68% and outperforming its sector by 3.46%.

In light of these developments, MarketsMOJO has made an adjustment in its evaluation of Super Spinning Mills, reflecting the stock's recent performance metrics. The company is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend.

Despite the overall textile sector experiencing a decline of 2.65%, Super Spinning Mills has managed to stand out with a remarkable one-year performance of 55.01%, significantly surpassing the Sensex's growth of 8.69%. Additionally, the stock has been added to MarketsMOJO's list, further highlighting its current market position.
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