Smallcap Pix Transmission's Stock Gains 2.82% in 2 Days, Outperforms Sector and Sensex

Jul 29 2024 11:55 AM IST
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Pix Transmission, a smallcap company in the rubber products industry, has been gaining attention in the stock market with a 2.82% increase in the last two days. According to MarketsMojo, the stock is currently a 'Buy' with a strong performance close to its 52-week high. It has also outperformed in the rubber products sector and compared to the Sensex.

Pix Transmission, a smallcap company in the rubber products industry, has been making waves in the stock market with its recent performance. The stock has been gaining for the last two days and has risen by 2.82% in this period. Today, the stock opened with a gain of 5.06%, touching an intraday high of Rs 1699.

According to MarketsMOJO, a leading stock analysis platform, Pix Transmission's stock call is 'Buy'. The company's stock is currently trading close to its 52-week high, with only a 4.54% difference. This shows a strong performance by the company in the recent past.

In terms of moving averages, Pix Transmission is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.

In the rubber products sector, Pix Transmission has outperformed with a gain of 2.37%. This further strengthens the company's position in the market.

In comparison to the Sensex, Pix Transmission has shown a strong performance in both short-term and long-term periods. In the last 1 day, the company's stock has gained 2.55% while the Sensex has only gained 0.65%. In the last 1 month, Pix Transmission has outperformed the Sensex with a gain of 19.93% compared to the Sensex's gain of 3.58%.

With its consistent growth and positive performance, Pix Transmission is definitely a stock to watch out for in the rubber products industry. Investors can take advantage of the current market conditions and consider buying the stock for potential long-term gains.
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