Power & Instrumentation (Gujarat) Ltd Shows Strong Market Momentum Amid Sector Outperformance

Mar 28 2025 11:00 AM IST
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Power & Instrumentation (Gujarat) Ltd, a microcap in the engineering sector, reached its upper circuit limit today, hitting an intraday high of Rs 170.94. The stock demonstrated strong market interest, trading within a 5% price band and achieving notable gains over the past week, despite a decline in delivery volume.
Power & Instrumentation (Gujarat) Ltd, a microcap player in the engineering sector, has made headlines today by hitting its upper circuit limit. The stock reached an intraday high of Rs 170.94, reflecting a notable increase of 5.0% or Rs 8.14 from the previous close. This performance is particularly impressive as it has outperformed its sector by 3.49% and has shown a remarkable gain of 31.78% over the past six days.

The stock opened with a gap up of 4.41%, indicating strong market interest at the start of the trading session. Throughout the day, it traded within a price band of 5%, with a low of Rs 162.59. The total traded volume was approximately 0.13472 lakh shares, contributing to a turnover of Rs 0.229 crore.

Despite a decline in delivery volume, which fell by 75.95% compared to the five-day average, the stock remains liquid enough for trades of Rs 0.02 crore based on 2% of the five-day average traded value. Overall, Power & Instrumentation (Gujarat) Ltd's performance today highlights its strong market position and positive momentum in the engineering sector.
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