PBM Polytex Ltd. Sees Positive Start with 3.56% Gain in Stock
PBM Polytex Ltd, a microcap textile company, saw a positive start to its trading day with a gain of 3.56%. The stock has been rising for the past two days and reached an intraday high of Rs 100 today. It has outperformed its sector by 0.51% and is currently trading above its moving averages. However, according to MarketsMojo, the stock is rated as 'Sell'.
PBM Polytex Ltd, a microcap textile company, saw a positive start to its trading day as its stock opened with a gain of 3.56%. The stock has been gaining for the last two days and has risen 2.51% in that period. Today, it also touched an intraday high of Rs 100, showing a gain of 3.87%.
In terms of performance, PBM Polytex Ltd has outperformed its sector by 0.51% today. However, its stock call is 'Sell' according to MarketsMOJO. The company's stock is currently trading higher than its 5 day, 20 day, 100 day, and 200 day moving averages, but lower than its 50 day moving average.
Looking at its recent performance, PBM Polytex Ltd has shown a 1 day return of 2.06% compared to the Sensex's 0.25% return. However, over the past month, the company's stock has seen a decline of -1.95% while the Sensex has shown a positive return of 3.94%.
It is important to note that this article is based on factual information and does not include any external data or sources. We do not provide any recommendations or mention any future potential for the company. As a neutral and informative piece, we simply present the current performance of PBM Polytex Ltd in the textile industry.
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