Power & Instrumentation (Gujarat) Ltd Surges 46% in 9 Days, Outperforms Sector

Oct 09 2024 09:25 AM IST
share
Share Via
Power & Instrumentation (Gujarat) Ltd, a microcap engineering company, has seen a remarkable 46.24% increase in stock returns in the past 9 days, reaching an all-time high of Rs. 239.9 on October 9th. The stock has outperformed the sector by 4.01% and is currently trading higher than its moving averages. With a 484.55% increase in the past year, the company shows strong growth and potential in the engineering industry.

Power & Instrumentation (Gujarat) Ltd, a microcap engineering company, has been making waves in the stock market with its recent performance. On October 9th, the company's stock price reached an all-time high of Rs. 239.9, outperforming the sector by 4.01%. This marks the 9th consecutive day of gains for the stock, with a remarkable 46.24% increase in returns during this period.

The stock opened with a gap up of 4.99% today and has maintained its high price throughout the day, trading at Rs. 239.9. This is a significant achievement for the company, as it is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, Power & Instrumentation (Gujarat) Ltd has shown an impressive performance of 484.55%, while the Sensex has only seen a 24.86% increase. This highlights the company's strong growth and potential in the engineering industry.

MarketsMOJO has given a 'Hold' call for the stock, indicating that investors should hold onto their current positions. With its recent success and consistent growth, Power & Instrumentation (Gujarat) Ltd is definitely a company to watch out for in the microcap segment.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News