Shiva Mills' Stock Reaches 52-Week High, Outperforms Sector and Sensex

May 09 2024 09:35 AM IST
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Shiva Mills, a microcap textile company, has reached a 52-week high on May 9th, 2024, with a 'Sell' rating from MarketsMojo. The stock opened today with a gain of 4.21% and is currently trading above its moving averages, showing a positive trend. Its 1-year performance has been 31.28%, outperforming the Sensex. Investors are advised to do their own research before investing.


Shiva Mills, a microcap textile company, has recently seen a surge in its stock price, reaching a 52-week high on May 9th, 2024. The stock has been given a 'Sell' rating by MarketsMOJO, a leading financial analysis platform.

The stock opened today with a gain of 4.21% and touched an intraday high of Rs 117.6, which is 6.52% higher than its previous closing price. However, it underperformed the sector by -1.68% in today's trading session. The stock also saw a low of Rs 107.95, which is a decrease of -2.22% from its opening price.

Shiva Mills is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its stock price. This is in line with its 1-year performance, which has been 31.28%, outperforming the Sensex's performance of 18.72%.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions about the future potential of the company. As a microcap company in the textile industry, Shiva Mills' stock performance may be subject to volatility and investors are advised to do their own research before making any investment decisions.
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