Piccadily Agro Industries Ltd's Stock Sees 5% Decline, Still Outperforms Sector
On August 16, 2024, Piccadily Agro Industries Ltd, a midcap sugar company, saw a 5.0% decline in its stock and has been given a 'Hold' call by MarketsMojo. Despite outperforming the sector, the stock is currently underperforming compared to its moving averages and has shown a decline of 5.00% in the last 1 day compared to the Sensex's positive performance of 1.06%. Investors should monitor the stock's performance for future investment decisions.
Piccadily Agro Industries Ltd, a midcap sugar company, saw a decline of 5.0% in its stock on August 16, 2024. According to MarketsMOJO, the stock has been given a 'Hold' call. The stock opened with a loss of 5% and touched an intraday low of Rs 752.75. It has been losing for the last 3 days and has fallen by 14.26% in this period. The stock is currently trading at the same price it opened at, with no range in between.
Despite the recent decline, Piccadily Agro Industries Ltd's stock is still performing better than the sector, with a difference of -5.11%. However, it is currently underperforming compared to its 5 day, 20 day, and 50 day moving averages. On the other hand, it is higher than its 100 day and 200 day moving averages.
In comparison to the Sensex, Piccadily Agro Industries Ltd's stock has underperformed in the last 1 day, with a decline of 5.00% while the Sensex has shown a positive performance of 1.06%. However, in the last 1 month, the stock has outperformed the Sensex with a growth of 1.86% while the Sensex has shown a decline of -0.96%.
Investors should keep an eye on the performance of Piccadily Agro Industries Ltd in the coming days to make informed decisions about their investments.
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