Power & Instrumentation (Gujarat) Sees Revision in Stock Score Amid Strong Performance

Jan 06 2025 04:05 PM IST
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Power & Instrumentation (Gujarat) has recently experienced a revision in its score by MarketsMojo as it nears its 52-week high. The stock has shown remarkable performance, significantly outpacing its sector and the Sensex over the past year. Additionally, it has been added to MarketsMojo's list, underscoring its strong market position.
Power & Instrumentation (Gujarat), a microcap player in the engineering sector, has recently seen a revision in its score by MarketsMOJO. This adjustment comes as the stock approaches its 52-week high, currently just 1.82% away from reaching Rs 348.95. The company has demonstrated impressive performance, outperforming its sector by 7.27% today and achieving a notable 466.91% increase over the past year, significantly surpassing the Sensex's 8.25% growth.

The stock has been on a positive trajectory, gaining for two consecutive days and recording a 7.09% return during this period. Additionally, Power & Instrumentation (Gujarat) reached an intraday high of Rs 342.7, reflecting a 4.99% increase. Notably, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum.

In light of these developments, Power & Instrumentation (Gujarat) has also been added to MarketsMOJO's list, highlighting its current market position and performance indicators.
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