PPDC's Stock Surges 46.7% in 8 Days, Outperforming Sector by 4.9%

Feb 05 2024 09:38 AM IST
share
Share Via
Prime Property Development Corporation (PPDC) has seen a remarkable surge in its stock price, hitting a 52-week high of Rs. 37.82 on February 5th, 2024. The company has shown consistent gains for eight consecutive days, with a 46.7% increase in stock value. PPDC's performance has outperformed the sector and the Sensex, making it a promising player in the real estate market.

Prime Property Development Corporation (PPDC) has been making waves in the real estate industry with its recent surge in stock price. On February 5th, 2024, the company's stock hit a 52-week high of Rs. 37.82, outperforming the sector by 4.9%. This marks the eighth consecutive day of gains for PPDC, with a remarkable 46.7% increase in stock value during this period.

The stock opened with a 5% gain today, reaching an intraday high of Rs. 37.82. It has since maintained this price, showing no range in its trading. PPDC's performance has been consistently strong, with the stock trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex, PPDC's performance over the past year has been exceptional, with a 216.49% increase in stock value, while the Sensex has only seen an 18.50% increase. This impressive performance has caught the attention of investors and analysts alike, with MarketsMOJO giving the stock a 'Hold' rating.

PPDC is a microcap company in the real estate industry, but its recent success has put it on the radar of many investors. With its consistent gains and strong performance, PPDC is definitely a company to watch in the real estate market.
{{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