Pix Transmission Shows Volatility with Notable Reversal After Recent Declines

May 02 2025 10:20 AM IST
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Pix Transmission, a small-cap rubber products company, experienced a notable performance on May 2, 2025, reversing a two-day decline. The stock outperformed its sector and has shown mixed results over various time frames, indicating volatility and responsiveness to market conditions.
Pix Transmission, a small-cap player in the rubber products industry, has shown significant activity today, gaining 7.68% on May 2, 2025. This performance marks a notable trend reversal after two consecutive days of decline. The stock opened with a gain of 2.64% and reached an intraday high of Rs 1552.45, reflecting a 6.93% increase at its peak.

In terms of performance metrics, Pix Transmission has outperformed its sector by 6.17% today. Over the past week, the stock has risen by 6.57%, while it has experienced a decline of 1.99% over the past month. However, its three-month performance shows a more significant drop of 22.47%. On a yearly basis, the stock has gained 16.39%, outperforming the Sensex, which has risen by 8.72% during the same period.

Currently, the stock's moving averages indicate that it is trading higher than its 5-day and 20-day averages but remains below the 50-day, 100-day, and 200-day moving averages. Overall, Pix Transmission's recent performance highlights its volatility and responsiveness to market conditions.
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