Poona Dal and Oil Industries Sees Strong Buying Activity Amidst Market Resilience

Mar 13 2025 09:35 AM IST
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Poona Dal and Oil Industries Ltd is experiencing notable buying activity, with the stock gaining 5.00% today and achieving a total return of 13.99% over the past three days. The stock has shown resilience over the past year, outperforming the Sensex, despite a year-to-date decline.
Poona Dal and Oil Industries Ltd is currently witnessing significant buying activity, with the stock gaining 5.00% today, outperforming the Sensex, which saw a modest increase of 0.11%. Over the past three days, Poona Dal and Oil Industries has experienced consecutive gains, accumulating a total return of 13.99%. The stock opened with a gap up of 4.98% and reached an intraday high of Rs 65.1, reflecting strong buyer sentiment.

In terms of performance relative to the Sensex, Poona Dal and Oil Industries has shown resilience over the past year, with a gain of 13.93% compared to the Sensex's 1.86%. However, its year-to-date performance indicates a decline of 9.08%, while the Sensex has decreased by 5.15%. The stock has been trading above its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages.

The current buying pressure may be attributed to various factors, including market sentiment and recent trading patterns, as the stock has outperformed its sector by 5.12% today.
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