Palred Technologies Experiences Revision in Its Stock Evaluation Amid Market Volatility
Palred Technologies has recently undergone a revision in its score, reflecting ongoing challenges in the IT software sector. The stock has reached a new 52-week low and has underperformed significantly compared to its sector. Despite a brief gain, it continues to trade below key moving averages, raising concerns among investors. Additionally, it has been added to MarketsMojo's list, highlighting its current market position.
Palred Technologies, a microcap player in the IT software industry, has recently experienced significant fluctuations in its stock performance. The company’s stock price reached a new 52-week low of Rs. 75.51 on January 7, 2025, marking a challenging period for investors. Over the past three days, the stock has shown a consecutive decline, with a notable drop of 6.2% during this timeframe.Despite opening the trading day with a gain of 2.22%, Palred Technologies ultimately underperformed its sector by 3.7%. The stock's intraday movements revealed a high of Rs. 79.99, but it also faced a low of Rs. 75.51, indicating volatility in market sentiment.
In light of these developments, MarketsMOJO has made an adjustment in its evaluation of Palred Technologies, reflecting the current market dynamics and performance indicators. The company is currently trading below its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, further emphasizing the challenges it faces in the competitive landscape.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
