PNGS Gargi Fashion Jewellery gains 13.61%, outperforms sector and Sensex

PNGS Gargi Fashion Jewellery, a smallcap company in the diamond and gold jewellery industry, has been making waves in the stock market. On October 24, 2024, the company's stock gained 13.61%, closing at Rs 1047.4. This performance has caught the attention of MarketsMOJO, who have given a 'Hold' call for the stock. The stock is currently trading close to its 52-week high of Rs 1064, with a performance today that has outperformed the sector by 11.52%. This is the second consecutive day of gains for PNGS Gargi Fashion Jewellery, with a 20.2% increase in returns during this period. However, the stock has also shown high volatility, with an intraday volatility of 7.57%. In terms of moving averages, PNGS Gargi Fashion Jewellery is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the stock. In comparison to the Sensex, PNGS Gargi Fashion Jewellery has outperformed with a 1-day performance of 11.95% while the Sensex has shown a -0.07% performance. In the past month, the stock has also outperformed the Sensex with a 25.10% performance compared to the Sensex's -5.75% performance. Overall, PNGS Gargi Fashion Jewellery has shown strong performance in the stock market, with a 'Hold' call from MarketsMOJO. Investors may want to keep an eye on this smallcap company in the diamond and gold jewellery industry.