PNC Infratech Surges 5.24%, Outperforming Sector and Sensex Amid High Volatility

Dec 26 2024 09:30 AM IST
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PNC Infratech Ltd. has seen a revision in its score following a strong performance on December 26, 2024, where it gained 5.24%. The stock has been added to MarketsMojo's list, reflecting its positive trading activity and consistent upward movement over recent days. The company continues to outperform its sector, indicating robust market positioning.
PNC Infratech Ltd., a midcap player in the engineering sector, has shown notable performance on December 26, 2024, with a gain of 5.24%. This increase has allowed the stock to outperform its sector by 4.85%. Over the past two days, PNC Infratech has experienced a consecutive gain, accumulating a total return of 6.13%.

On this trading day, the stock reached an intraday high of Rs 325.9, reflecting a rise of 5.73%. However, it has also exhibited high volatility, with an intraday fluctuation of 9.15%, indicating significant price movement throughout the day.

In terms of moving averages, PNC Infratech's current price is above the 5-day and 20-day moving averages but remains below the 50-day, 100-day, and 200-day averages. Over the past month, the stock has delivered an 8.39% return, contrasting sharply with the Sensex, which has declined by 1.52%. This performance highlights PNC Infratech's resilience in a challenging market environment.
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