Precision Camshafts Ltd Outperforms Auto Ancillary Sector, Receives 'Hold' Call from MarketsMOJO

Oct 14 2024 11:20 AM IST
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On October 14th, 2024, Precision Camshafts Ltd, a smallcap company in the auto ancillary industry, saw a positive performance with a gain of 8.8%. The stock outperformed the sector by 5.73% and received a 'Hold' call from MarketsMojo. It is currently trading above its moving averages and has shown a strong presence in the market.

Precision Camshafts Ltd, a smallcap company in the auto ancillary industry, saw a positive performance on October 14th, 2024. The stock gained 8.8%, outperforming the sector by 5.73%. This led to a 'Hold' call by MarketsMOJO.

The stock opened with a gain of 2.52% and reached an intraday high of Rs 251.7, showing a high volatility of 5.24%. This was calculated from the weighted average price. Precision Camshafts Ltd is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex performance, Precision Camshafts Ltd showed a 1-day performance of 6.39%, while the Sensex only had a 0.65% performance. Similarly, in the past month, Precision Camshafts Ltd had a -5.22% performance, while the Sensex had a -1.18% performance.

This positive performance of Precision Camshafts Ltd can be attributed to its strong presence in the auto ancillary industry and its consistent performance in the market. With a 'Hold' call from MarketsMOJO, investors can continue to monitor the stock's performance and make informed decisions.
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