Strong Daily Performance and Market Outperformance
On the day in question, Panasonic Energy outperformed its sector by a notable margin of 12.67%, signalling a strong relative strength compared to its peers. The stock reversed a two-day losing streak, indicating a shift in market sentiment. Intraday, the share price reached a high of ₹370, marking a 13.78% increase from the previous close, and traded within a wide range of ₹49, highlighting heightened volatility and active trading interest.
Technical Indicators and Moving Averages Support Uptrend
Technically, the stock is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This alignment suggests a strong upward momentum and a bullish trend ...
Read full news article












