E-Land Apparel Ltd Achieves 114.74% Annual Growth Amid Broader Market Decline

E-Land Apparel Ltd is currently witnessing strong buying activity, with a notable performance that stands out against the broader market. On a daily basis, the stock has gained 0.07%, while the Sensex has declined by 1.74%. Over the past week, E-Land Apparel has increased by 0.20%, contrasting with a 2.50% drop in the Sensex. The stock's performance over the past month shows a significant increase of 11.78%, compared to the Sensex's modest gain of 3.92%.
In the longer term, E-Land Apparel has demonstrated impressive growth, with a 114.74% increase over the past year, while the Sensex has only risen by 2.78%. Year-to-date, the stock has gained 17.40%, while the Sensex has decreased by 2.65%. Over three years, E-Land Apparel has surged by 102.06%, significantly outperforming the Sensex's 28.33% increase.

The stock opened with a gap up and reached an intraday high, contributing to the buying pressure. Its current price is above the 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend, although it remains below the 5-day and 20-day moving averages. This performance suggests a robust market position within the textile industry, despite underperforming its sector by 0.26% today.