PG Electroplast witnessed strong buying interest in the morning trade on Wednesday, with the stock gaining more than 6% ahead of its Q2 earnings announcement. The share price moved between ₹528 and ₹560 during the session, reflecting a firm positive trend. As of 10:41 AM, the shares were trading 4.73% higher at Rs 552.75.
The stock opened at ₹532, marginally higher than the previous close of ₹528. Trading activity was notably elevated, with around 22 lakh shares changing hands—significantly higher than the 20-day average volume of 7.7 lakh shares. Overall volumes had reached 34.23 lakh shares as of 10:39 AM, underscoring strong participation ahead of the results.
PG Electroplast continues to trade comfortably above its 52-week low of ₹465, though it remains well below its 52-week high of ₹1,054.20. The sharp uptick today reflects increasing market expectations surrounding the company’s quarterly performance.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
