Vandana Knitwear Achieves 52-Week High Amid Strong Market Resilience and Growth
Vandana Knitwear has achieved a new 52-week high of Rs. 18.34, following a 36.46% increase over the past ten days. The stock is currently trading above multiple moving averages, indicating a strong upward trend. Over the past year, it has significantly outperformed the Sensex.
Vandana Knitwear, a microcap player in the Garments & Apparels industry, has made headlines today as its stock price reached a new 52-week high of Rs. 18.34. This milestone comes after a notable performance over the past ten days, during which the stock has gained 36.46%. Currently, Vandana Knitwear is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price movement.In the broader market context, the Sensex opened positively, gaining 197.83 points to trade at 81,333.36, reflecting a 0.41% increase. Despite a three-week decline of 1.21%, the small-cap segment is showing resilience, with the BSE Small Cap index up by 0.67% today. Over the past year, Vandana Knitwear has outperformed the Sensex significantly, boasting a remarkable 370.26% increase compared to the Sensex's 9.33% rise. The stock's 52-week low stands at Rs. 3.65, highlighting its substantial growth trajectory in the past year.
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