Praxis Home Retail Stock Surges Amid Increased Investor Participation and Momentum Shift
The stock's trading volume reached approximately 1.60 lakh shares, with a turnover of Rs 0.15 crore. Notably, the delivery volume surged to 24.08 lakh shares, representing a remarkable increase of 109.94% compared to the five-day average. Despite today's gains, Praxis Home Retail is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
In terms of market positioning, Praxis Home Retail has outperformed its sector by 3.96%, while the broader Sensex index recorded a decline of 1.16% today. Overall, the stock's performance today highlights a positive shift in momentum, reflecting increased investor participation and a potential recovery from recent lows.
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