Pradeep Metals Ltd. Achieves All-Time High and Outperforms Sector in Stock Market
Pradeep Metals Ltd., a microcap company in the castings and forgings industry, has been gaining attention in the stock market. Its stock price reached an all-time high of Rs. 295 on August 25th, with a 'Buy' rating from MarketsMojo. The company has outperformed its sector and is trading above its moving averages, showcasing its strong financials and growth potential. Its 1-year performance has also surpassed the Sensex, making it a promising investment option.
Pradeep Metals Ltd., a microcap company in the castings and forgings industry, has been making waves in the stock market with its recent performance. On August 25th, the company's stock price reached an all-time high of Rs. 295, which is a significant milestone for the company.
According to MarketsMOJO, a leading stock market analysis platform, Pradeep Metals Ltd.'s stock is currently rated as a 'Buy'. This is a positive sign for investors who are looking to invest in the company.
In terms of performance, Pradeep Metals Ltd. has outperformed its sector by 3.51% today. This is a clear indication of the company's strong financials and growth potential. The stock has also been on a consecutive gain for the last 2 days, with a 4.54% increase in returns during this period.
The stock's intraday high of Rs. 295 is a testament to its strong performance in the market. Additionally, Pradeep Metals Ltd. is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This further reinforces the company's positive momentum and growth trajectory.
In comparison to the Sensex, Pradeep Metals Ltd. has shown an impressive 1-year performance of 75.39%, while the Sensex has only grown by 23.92%. This showcases the company's ability to outperform the market and deliver strong returns for its investors.
Overall, Pradeep Metals Ltd. is a company to watch out for in the castings and forgings industry. With its recent all-time high and positive performance, it is definitely a stock worth considering for investors.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
