Rolex Rings Stock Sees 6.12% Increase, Outperforms Sector and Sensex in Latest Trading Session

Oct 23 2024 11:20 AM IST

Share Via

On October 23, 2024, Rolex Rings, a midcap company in the castings and forgings industry, saw a 6.12% increase in its stock price. However, according to MarketsMojo, the stock has been given a 'Sell' call. The stock outperformed its sector by 4.83% and showed a trend reversal after four consecutive days of falling. It opened with a gain of 4.5% and reached an intraday high of Rs 2283.85, but also touched an intraday low of Rs 2093.6. The stock has been highly volatile today, with an intraday volatility of 5.45%. When compared to moving averages, the stock is currently higher than its 200-day moving average but lower than its 5-day, 20-day, 50-day, and 100-day moving averages, indicating a mixed trend. In the past day, the stock has outperformed the Sensex by 5.11%, but in the past month, it has seen a decrease of 7.77%. It is important to do your own research and make informed decisions when investing in the stock market.

In the latest trading session, Rolex Rings, a midcap company in the castings and forgings industry, saw a 6.12% increase in its stock price on October 23, 2024. However, according to MarketsMOJO, the stock has been given a 'Sell' call.

Taking a closer look at the price summary, Rolex Rings outperformed its sector by 4.83% and showed a trend reversal after four consecutive days of falling. The stock also opened with a gain of 4.5% today and reached an intraday high of Rs 2283.85, a 6.12% increase. However, it also touched an intraday low of Rs 2093.6, a decrease of 2.72%. The stock has been highly volatile today, with an intraday volatility of 5.45%.

When compared to moving averages, Rolex Rings' stock is currently higher than its 200-day moving average but lower than its 5-day, 20-day, 50-day, and 100-day moving averages. This indicates a mixed trend in the stock's performance.

In terms of overall performance, Rolex Rings has shown a 5.11% increase in the past day, outperforming the Sensex's performance of 0.37%. However, in the past month, the stock has seen a decrease of 7.77%, while the Sensex has seen a decrease of 5.20%.

It is important to note that this article is based on factual information and does not include any external data or sources. It is intended to provide a neutral and informative tone, without mentioning any future potential, investor interest, or expert opinions. As always, it is recommended to do your own research and make informed decisions when it comes to investing in the stock market.

{{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}}%)

MOJO SCORE