PIIC Stock Soars 6.03% and Hits All-Time High on Strong Performance

Oct 18 2024 12:45 PM IST
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On October 18, 2024, Pilani Investment & Industries Corporation Ltd (PIIC) gained 6.03% in the stock market, hitting a new 52-week and all-time high of Rs. 6099. The company, operating in finance and NBFC industry, has consistently outperformed the sector and Sensex, making it a promising stock for potential investors.

Pilani Investment & Industries Corporation Ltd (PIIC) has shown strong performance in the stock market, gaining 6.03% on October 18, 2024. The company, which operates in the finance and NBFC industry, has been recommended as a 'Hold' by MarketsMOJO.

The stock of PIIC hit a new 52-week and all-time high of Rs. 6099 on the same day, outperforming the sector by 3.47%. It also touched an intraday high of Rs. 6099, showing a 5.14% increase. The stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex, PIIC has outperformed with a 1-day performance of 6.03% versus the Sensex's 0.29%. Over the past month, PIIC has shown a strong performance of 14.70%, while the Sensex has declined by -2.06%.

PIIC is a midcap company that has been consistently performing well in the stock market. With its recent gains and positive recommendations, it is definitely a stock to keep an eye on for potential investors.
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