Manor Estates & Industries Achieves 52-Week High Amid Strong Performance Metrics

Dec 26 2024 09:35 AM IST
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Manor Estates & Industries has recently achieved a new 52-week high, reflecting its strong performance in the textile sector. The stock has been added to MarketsMojo's list following a revision in its score, indicating a notable adjustment in evaluation amidst its impressive returns over the past year.
Manor Estates & Industries, a microcap player in the textile industry, has recently achieved a significant milestone by reaching a new 52-week high of Rs. 12.93 on December 26, 2024. This surge in stock price reflects a remarkable performance, as the company has outperformed its sector by 4.71% today alone.

Over the past 11 consecutive trading days, Manor Estates has demonstrated impressive momentum, with a staggering 78.34% increase in returns during this period. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

In terms of annual performance, Manor Estates & Industries has delivered an exceptional return of 168.81% over the past year, significantly outpacing the broader market, as represented by the Sensex, which has seen a gain of only 10.49%. This performance highlights the company's robust position within the textile sector and its ability to navigate market challenges effectively.
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