Panchmahal Steel Ltd Experiences Notable Buying Activity Amidst Recent Gains

May 21 2025 10:35 AM IST
share
Share Via
Panchmahal Steel Ltd is experiencing notable buying activity, with a recent increase in stock price and consecutive gains over three days. While the stock has faced declines over the past month and year, it has shown significant growth over the last five years, outperforming the broader market.
Panchmahal Steel Ltd is currently witnessing significant buying activity, with the stock showing a 1.90% increase today, outperforming the Sensex, which rose by 0.84%. Over the past three days, Panchmahal Steel has recorded consecutive gains, accumulating a total return of 5.66%.

Despite this recent uptick, the stock's performance over longer periods reveals a mixed picture. In the last month, it has declined by 5.59%, while over the past year, it has dropped by 30.97%. However, the stock has shown resilience over a five-year horizon, boasting a remarkable increase of 682.93%, compared to the Sensex's 164.68% gain.

Today's trading saw the stock open at 160.5, maintaining this price throughout the session. It is currently positioned above its 5-day and 50-day moving averages, although it remains below the 20-day, 100-day, and 200-day moving averages. The buying pressure may be attributed to various factors, including market sentiment and sector performance, as the stock has outperformed its sector by 1.42% today.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News