Vandana Knitwear Ltd Achieves Remarkable 244.91% Yearly Growth Amid Strong Buying Activity

Vandana Knitwear Ltd, a microcap player in the Garments & Apparels industry, is witnessing significant buying activity, marking a notable performance against the broader market. Today, the stock has increased by 1.95%, significantly outperforming the Sensex, which saw a mere 0.01% rise. Over the past week, Vandana Knitwear has gained 1.90%, while the Sensex increased by 1.65%.
In the last month, the stock surged by 17.56%, compared to the Sensex's 2.72%. The impressive yearly performance of 244.91% starkly contrasts with the Sensex's 5.71%, showcasing the stock's robust growth trajectory. Year-to-date, Vandana Knitwear has risen by 82.98%, while the Sensex has only managed a 7.20% increase.

The stock has been on a consecutive gain streak for the last three days, accumulating a total return of 6.03% during this period. Price summary indicates that it opened with a gap up and has consistently traded above its 5-day, 50-day, 100-day, and 200-day moving averages, although it remains below the 20-day moving average. This performance suggests strong underlying trends contributing to the buying pressure in Vandana Knitwear.