Pasupati Acrylon Hits 52-Week High, Outperforms Sector with Strong Growth
Pasupati Acrylon, a microcap company in the textile industry, has hit a 52-week high on August 21, 2024. With a 'Hold' call by MarketsMojo, the stock has outperformed the sector by 11.45% and has been gaining for the last two days. It is currently trading above its moving averages, showing a positive trend.
Pasupati Acrylon, a microcap company in the textile industry, has recently hit a 52-week high on August 21, 2024. The stock has been performing well, with a 'Hold' call by MarketsMOJO. Today, the stock has outperformed the sector by 11.45% and has been gaining for the last two days, with a rise of 13.88% in returns during this period.
The stock has shown high volatility today, with an intraday volatility of 6.06%. It touched an intraday high of Rs 55.3, which is 12.77% higher than the previous day's closing price. Pasupati Acrylon is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.
In the past year, Pasupati Acrylon has shown a strong performance of 85.75%, outperforming the Sensex's performance of 23.93%. This showcases the company's growth and potential in the textile industry.
With this recent surge in stock price and positive performance, Pasupati Acrylon is definitely a company to watch out for in the microcap segment. Investors may want to keep an eye on this stock and its future developments.
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