Prism Johnson's Stock Sees Positive Trend, Outperforms Sector by 4.59%
Prism Johnson, a midcap cement company, saw a 5.77% increase in its stock on November 28, outperforming the sector by 4.59%. This marks the second consecutive day of gains, with a total rise of 7.87% in the past two days. The stock is currently trading above its moving averages and has outperformed the market in the past day and month. While MarketsMojo has given a 'Strong Sell' call, Prism Johnson's strong performance in the market makes it a company to watch in the cement industry.
Prism Johnson ., a midcap cement company, has seen a positive trend in its stock performance on November 28, 2024. The stock has gained 5.77% on this day, outperforming the sector by 4.59%. This marks the second consecutive day of gains for the company, with a total rise of 7.87% in the past two days.
On November 28, the stock reached an intraday high of Rs 196.85, showing a 4.6% increase. This is a positive sign for investors, as the stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
In comparison to the overall market performance, Prism Johnson has outperformed the Sensex by 9.83% in the past day and 8.99% in the past month. This shows a strong performance by the company, despite the market's slight decline.
MarketsMOJO has given a 'Strong Sell' call for Prism Johnson's stock. However, it is important to note that this is not a recommendation, but rather a fact-based analysis of the stock's performance. With its positive trend and outperformance in the market, Prism Johnson is definitely a company to keep an eye on in the cement industry.
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