Pilani Investment & Industries Corporation Hits 52-Week High, Outperforms Sector by 14%
Pilani Investment & Industries Corporation (PIIC), a midcap finance company, has reached a 52-week high on October 21, 2024, with a stock price of Rs. 7356.2. The company has shown consecutive gains for the past two days and is currently trading higher than its moving averages, indicating a positive trend. PIIC is a finance company catering to midcap companies and has shown impressive performance in the past year.
Pilani Investment & Industries Corporation (PIIC), a midcap finance company, has recently hit a 52-week high on October 21, 2024. The stock has been performing well in the market, with a 'Hold' call by MarketsMOJO.
On October 21, the stock reached an all-time high of Rs. 7356.2, outperforming the sector by 14.07%. It has also shown consecutive gains for the past two days, with a 23.68% increase in returns during this period. The stock opened with a gain of 3.28% today and touched an intraday high of Rs. 7356.2, showing high volatility with an intraday volatility of 8.56%.
Pilani Invest. is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market. In the past year, the company's performance has been impressive, with a 186.46% increase, compared to the Sensex's performance of 24.34%.
PIIC is a finance company in the non-banking financial sector, catering to midcap companies. With its recent surge in stock price and positive performance, it is a company to watch out for in the market. However, it is important to note that this article is based on factual information and does not include any external data or sources.
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