Premco Global Hits New 52-Week High of Rs. 685 Amid Strong Momentum
Premco Global has achieved a new 52-week high of Rs. 685, reflecting strong momentum in the garments and apparels sector. The stock has gained 43.81% over the past six days and is trading above multiple moving averages, indicating a robust upward trend. It also offers a high dividend yield of 7.81%.
Premco Global has reached a significant milestone by hitting a new 52-week high of Rs. 685 today, marking a notable achievement in the garments and apparels industry. This surge comes as the stock has outperformed its sector by 6.33%, reflecting strong momentum in its recent performance. Over the past six days, Premco Global has shown impressive growth, gaining 43.81% during this period.The stock opened with a substantial gain of 12.71% today, indicating robust market activity. It also touched an intraday high of Rs. 685, representing a 13.81% increase from the previous close. Furthermore, Premco Global is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend.
In addition to its price performance, Premco Global boasts a high dividend yield of 7.81% at the current price, which may appeal to income-focused investors. The company's one-year performance stands at 28.58%, significantly outperforming the Sensex, which has recorded a 5.16% increase over the same period.
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