Piccadily Agro Industries Faces Significant Stock Decline Amid Broader Sugar Sector Pressures

Jan 22 2025 01:00 PM IST
share
Share Via
Piccadily Agro Industries, a midcap sugar company, has encountered significant challenges, with a notable decline in its stock price. Over the past month, it has underperformed compared to the broader market, reflecting ongoing pressures within the sugar sector and contributing to its recent struggles.
Piccadily Agro Industries, a midcap player in the sugar industry, has faced notable challenges today, experiencing a decline of 5.0% on January 22, 2025. The stock has underperformed relative to its sector peers, with a drop of 0.68%. Over the past two days, Piccadily Agro has seen a cumulative decline of 9.02%, reaching an intraday low of Rs 770, which marks a decrease of 4.53%.

In terms of technical indicators, the stock is currently positioned above its 200-day moving average but below the 5-day, 20-day, 50-day, and 100-day moving averages, suggesting mixed performance trends. The broader sugar sector has also been under pressure, with a decline of 3.84% noted on the same day.

Looking at longer-term performance, Piccadily Agro Industries has recorded a 14.10% decrease over the past month, while the Sensex has seen a smaller decline of 2.69%. These metrics highlight the stock's recent struggles amid a challenging market environment.
{{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