Pix Transmission Faces Continued Decline Amid Broader Market Stability

Jan 13 2025 01:00 PM IST
share
Share Via
Pix Transmission, a small-cap rubber products company, has faced a notable decline, dropping 16.16% over four days, with an intraday low of Rs 2103.4. The stock's performance contrasts with its sector and the broader market, reflecting ongoing challenges amid market pressures.
Pix Transmission, a small-cap player in the rubber products sector, has seen a significant decline of 7.13% on January 13, 2025, continuing a downward trend that has persisted for four consecutive days, totaling a 16.16% drop during this period. The stock reached an intraday low of Rs 2103.4, underperforming its sector, which experienced a decrease of 4.51%. In contrast to the broader market, represented by the Sensex, which fell by only 0.94%, Pix Transmission's performance highlights its struggles.

From a technical perspective, the stock is currently positioned above the 100-day and 200-day moving averages but falls below the 5-day, 20-day, and 50-day moving averages. Over the past month, Pix Transmission has recorded a decline of 15.53%, while the Sensex has decreased by 6.67%. The company's recent performance metrics indicate a challenging environment as it navigates market pressures.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News