Premco Global's Stock Reaches 52-Week High, Outperforms Sector by 0.73%

Nov 19 2024 09:35 AM IST
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Premco Global, a microcap textile company, has reached a 52-week high on November 19, 2024, with its stock price surging by 4.18%. The stock has outperformed its sector by 0.73% and has been on a consecutive rise for the past 4 days, with a total return of 19.67%. With a positive trend in the market and a strong performance in the past year, Premco Global is a company to watch in the textile industry.

Premco Global ., a microcap textile company, has recently seen a surge in its stock price, reaching a 52-week high on November 19, 2024. The stock has been performing well in the market, outperforming its sector by 0.73%.

On the day of the 52-week high, Premco Global's stock hit Rs.569.9, with an intraday high of Rs.569.9, showing a gain of 4.18%. The stock has been on a consecutive rise for the past 4 days, with a total return of 19.67% during this period.

Premco Global's stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market.

In the past year, Premco Global has shown a strong performance, with a 33.86% increase in its stock price, while the Sensex has only seen an 18.62% increase.

MarketsMOJO has given a 'Hold' call for Premco Global's stock, suggesting that investors hold onto their shares for now. With its recent surge in stock price and positive performance in the market, Premco Global is definitely a company to keep an eye on in the textile industry.
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