ROBU.BO jumps 15.93% pre-market on BSE: momentum meets valuation questions
ROBU.BO stock surged 15.93% in pre-market trading on the BSE to INR 999.30, making Macfos Limited one of today’s top gainers in India. The move followed heavy volume of 15,150 shares versus an average of 4,066, a quick momentum burst that pushed the intraday high to INR 1,019.00. Investors should note the stock now sits well above its 50-day average of INR 816.34 and 200-day average of INR 781.12, while valuation metrics such as a PE of 45.65 and PB of 11.71 raise questions about near-term upside.
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