Posted On: August 1, 2023

Stock report: PPL (NSE) 31 Jul 23 

Outlook: BULLISH

Sector: Industrials 

Industry: Building Products & Equipment 

Prakash Pipes is a well-known leader in manufacturing high-quality PVC pipes and fittings, adhering strictly to the Indian Standard IS: 4985-2000. Their cutting-edge manufacturing plant, certified to meet ISO 22000:2005, ISO 9001:2015, and BRC standards, reflects their dedication to quality and food safety. Serving diverse industries such as agriculture, irrigation, construction, and more, Prakash Pipes’ products are recognized for their durability, chemical resistance, and easy installation. They prioritize research and development, ensuring they remain innovative and responsive to customer needs. Demonstrating their commitment to sustainability, the company takes eco-friendly measures throughout their manufacturing and distribution processes. Prakash Pipes is a customer-focused and reliable name in the PVC pipes and fittings industry. 

#xCalData predicts #PPL will continue its Bullish phase over the next five days and trend in the range of 192.25 to 182.95. 

In comparison to the previous month, the price of the stock has experienced an increase of 9.83% indicating a bullish. 

The Stock has doubled once since 18 Oct 2019 and took an average of 1.4 years to double. 

The stock has not shown seasonality trend in the past. 

Reviewing the returns for the past 4 years for the same week, we see the stock has given negative returns in 3 years in the past. 

Majority of the technical ratios trend towards Bullish side of the spectrum. 

Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days. 

#xCalData is an exceptional app available for Android devices that offers unbiased insights into stocks, allowing investors to make informed decisions. With its user-friendly interface and comprehensive features, xCalData provides a valuable resource for anyone interested in the stock market.  Download the app from google play. 

For Actionable Intelligence, subscribe to xCalData app on Android devices: https://tinyurl.com/downloadxCalData

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