Pan Electronics (India) Reaches New 52-Week High, Outperforms Sector and Sensex

Sep 20 2024 10:35 AM IST
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Pan Electronics (India) has reached a new 52-week high of Rs.90.33, outperforming the sector by 2.09% and gaining for the last 5 consecutive days. The stock is currently trading above its moving averages and has shown a remarkable growth of 160.69% in the past year, indicating a positive trend in the company's performance.

Pan Electronics (India), a microcap company in the electronics components industry, has recently reached a new 52-week high of Rs.90.33 on September 20, 2024. This has caught the attention of investors and analysts, with MarketsMOJO giving a 'Sell' call for the stock.

The stock has been performing well, outperforming the sector by 2.09% and gaining for the last 5 consecutive days with a return of 8.54%. It also opened with a gain of 2% today and touched an intraday high of Rs.90.33. The stock has been trading at this price since the opening, showing no range.

Pan Electronics (India) is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the stock's performance.

In the past year, Pan Electronics (India) has shown a remarkable growth of 160.69%, while the Sensex has only grown by 25.34%. This showcases the company's strong performance and potential for growth in the electronics components industry.

However, 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. Investors are advised to do their own research and make informed decisions.
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