Precision Camshafts Stock Surges 8.56% in Auto Ancillary Industry on April 1st, 2024

Apr 01 2024 01:20 PM IST
share
Share Via
Precision Camshafts, a smallcap company in the auto ancillary industry, saw a surge in its stock price on April 1st, 2024, gaining 8.56% and closing at Rs 214.45. Despite being given a 'Sell' call by MarketsMojo, the stock outperformed the sector by 6.56% and has been trading higher than its moving averages. However, investors are advised to conduct their own research before making any investment decisions.


Precision Camshafts, a smallcap company in the auto ancillary industry, saw a positive surge in its stock price on April 1st, 2024. The stock gained 8.56% and closed at Rs 214.45, outperforming the sector by 6.56%.

According to MarketsMOJO, a leading stock market analysis platform, the stock has been given a 'Sell' call. However, the stock's performance today has been impressive, with an intraday high of Rs 214.45, which is 8.31% higher than its previous closing price.

In terms of moving averages, Precision Camshafts is currently trading higher than its 5-day and 20-day moving averages. However, it is still lower than its 50-day, 100-day, and 200-day moving averages.

On a broader scale, the stock has outperformed the Sensex, India's benchmark index, by 7.90% in the past 1 day and has also outperformed the Sensex by -3.00% in the past 1 month.

Precision Camshafts is a smallcap company in the auto ancillary industry, which provides camshafts for various automobile manufacturers. The company has a strong presence in the market and has been consistently delivering quality products to its clients.

While the stock has shown a positive trend in the recent past, it is important to note that this article is purely based on factual information and does not make any recommendations or predictions about the future potential of the company. Investors are advised to do their own research and consult with financial experts before making any investment decisions.
{{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