Century Enka's Strong Performance Highlights Resilience in Small-Cap Textile Sector

Century Enka, a small-cap player in the textile industry, has shown significant activity today, gaining 7.18% on March 18, 2025. This performance has allowed the stock to outperform its sector by 4.15%. Over the past two days, Century Enka has experienced a consecutive gain, accumulating a total return of 9.87%. The stock reached an intraday high of Rs 545.65, reflecting a rise of 6.99% during the trading session.
In terms of moving averages, Century Enka's stock price is currently above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages.

In the broader market context, the Sensex has risen sharply, climbing 741.34 points to reach 75,350.00, marking a 1.59% increase. Small-cap stocks are leading the market, with the BSE Small Cap index gaining 2.76%. Century Enka's performance over the past month shows a notable increase of 21.59%, contrasting with the Sensex's decline of 0.81% during the same period.