Poddar Housing & Development Ltd Sees Significant Buying Activity Amid Price Surge

Jun 09 2025 10:26 AM IST
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Poddar Housing & Development Ltd is experiencing notable buying activity, with a significant increase in its stock price today. Over the past month, the stock has shown substantial growth, although its longer-term performance has been less favorable compared to the broader market, reflecting varying market dynamics in the real estate sector.
Poddar Housing & Development Ltd is currently witnessing significant buying activity, with the stock gaining 4.99% today. This performance notably outpaces the Sensex, which has only increased by 0.45% on the same day. Over the past week, Poddar Housing has also shown a 4.99% increase, compared to the Sensex's 1.46% rise.

In the last month, the stock has surged by 22.18%, while the Sensex has gained just 3.91%. However, it is important to note that the stock's longer-term performance has been less favorable, with declines of 55.66% over the past year and 78.73% over three years, contrasting sharply with the Sensex's positive trajectory during the same periods.

Today's trading opened with a gap up at Rs 42.52, reaching an intraday high of Rs 42.52, indicating a strong start. The stock has been characterized by erratic trading, having not traded on four days out of the last 20. Currently, it is trading above its 5-day moving average but remains below its 20-day, 50-day, 100-day, and 200-day moving averages. This performance may reflect various market dynamics influencing buyer sentiment in the realty sector.
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