Precision Electronics Hits 52-Week High, Outperforms Sector and Sensex

Apr 29 2024 09:36 AM IST
share
Share Via
Precision Electronics, a microcap company in the electronics components industry, has reached a new milestone with its stock price hitting a 52-week high of Rs.170.75 on April 29th, 2024. The stock has been given a 'Hold' rating by MarketsMojo and has outperformed the sector by 4.81%. With a consecutive gain of 28.48% in the past 6 days and trading above its moving averages, the company shows strong potential for future growth.

Precision Electronics, a microcap company in the electronics components industry, has recently reached a new milestone. On April 29th, 2024, the company's stock price hit a 52-week high of Rs.170.75. This news has caught the attention of investors and analysts alike.

According to MarketsMOJO, a leading financial analysis platform, the stock has been given a 'Hold' rating. The company's performance today has outperformed the sector by 4.81%. This is a significant achievement for a microcap company in a competitive industry.

The stock has been on a winning streak for the past 6 days, with a consecutive gain of 28.48%. It opened today with a gap up of 4.98% and reached an intraday high of Rs.170.75. The stock has been trading at this price since the opening, indicating strong demand from investors.

In addition, Precision Electronics is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This is a positive sign for the company's future performance.

In the past year, Precision Electronics has shown an impressive growth of 485.76%, outperforming the Sensex's performance of 21.35%. This showcases the company's strong potential and growth in the electronics components industry.

Overall, Precision Electronics has made a significant mark in the market with its recent 52-week high. With a 'Hold' rating from MarketsMOJO and a strong performance in the past year, the company is definitely one to watch in the microcap space.
{{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