Parle Industries Ltd Sees Buying Surge After 17-Day Price Decline
Parle Industries Ltd is experiencing notable buying activity today, reversing a 17-day decline. Despite recent challenges, including a 5.90% drop over the past week, the stock has shown resilience with a 76.40% increase over the past year, outperforming the Sensex. Current trading indicates strong buyer interest.
Parle Industries Ltd is witnessing significant buying activity today, marking a performance increase of 1.94%, contrasting sharply with the Sensex, which has declined by 0.42%. This uptick comes after a prolonged period of decline, as the stock has gained after 17 consecutive days of falling prices. Despite the positive movement today, Parle Industries has faced challenges over the past week, with a decrease of 5.90%, and a notable drop of 23.78% over the past month. However, the stock has shown resilience over the past year, boasting a remarkable increase of 76.40%, significantly outperforming the Sensex's 7.20% gain during the same period.
Today's trading session opened with a gap up, indicating strong buyer interest, and the stock's intraday performance reflects a reversal in trend after a lengthy downturn. Currently, Parle Industries is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a need for sustained momentum to regain its previous levels. The buying pressure may be attributed to market sentiment shifts or specific developments within the IT software sector.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
