Pasupati Spinning & Weaving Mills Ltd Hits 52-Week High, Outperforms Sector by 9.64%
Pasupati Spinning & Weaving Mills Ltd, a microcap company in the textile industry, has reached a 52-week high on June 21, 2024, with a 'Hold' call by MarketsMojo. The stock has outperformed the sector by 9.64% and has shown consecutive gains for the past 2 days, with a 20.98% increase. It is currently trading higher than its moving averages, indicating a positive trend. In the past year, the company has shown a strong performance with a 68.92% increase, showcasing its potential for growth and stability in the market.
Pasupati Spinning & Weaving Mills Ltd, a microcap company in the textile industry, has recently hit a 52-week high on June 21, 2024. The stock has been performing well, with a 'Hold' call by MarketsMOJO.
On June 21, the stock reached a high of Rs.40.54, outperforming the sector by 9.64%. It has also been on a consecutive gain for the past 2 days, with a 20.98% increase in returns during this period. The stock opened with a gain of 9.98% today and has maintained a steady price of Rs.40.54 throughout the day.
Pasupati Spinning & Weaving Mills Ltd is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance.
In the past year, the company has shown a strong performance with a 68.92% increase, compared to the Sensex's performance of 22.30%. This showcases the company's potential for growth and stability in the market.
With its recent 52-week high and positive performance, Pasupati Spinning & Weaving Mills Ltd is a company to watch out for in the textile industry.
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