PB Fintech Experiences Notable Intraday Gains Amidst High Market Volatility

Jan 24 2025 09:31 AM IST
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PB Fintech experienced notable trading activity on January 24, 2025, with significant intraday volatility. The stock has shown consecutive gains over the past two days, although its one-month performance indicates a decline. Its current price is above the 200-day moving average but below several shorter-term averages.
PB Fintech has shown significant activity today, gaining 4.91% on January 24, 2025. The stock has outperformed its sector by 4.96%, marking a notable performance amidst a backdrop of high volatility, with an intraday volatility rate of 88.23%. The stock opened with a gain of 4.99% and reached an intraday high of Rs 1698.6, reflecting a 5.54% increase.

Over the past two days, PB Fintech has demonstrated a consecutive gain, accumulating a total return of 4.99%. However, it is important to note that the stock's one-month performance shows a decline of 19.76%, contrasting with the Sensex's decrease of 2.32% during the same period.

In terms of moving averages, PB Fintech's current price is higher than its 200-day moving average but remains below the 5-day, 20-day, 50-day, and 100-day moving averages. This mixed performance highlights the stock's current market position within the finance and non-banking financial company (NBFC) sector.
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