Why is Gconnect Logitec falling/rising?

Sep 17 2025 11:30 PM IST
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As of 17-Sep, Gconnect Logitech & Supply Chain Ltd is currently priced at 23.98, reflecting a 3.14% increase, but has shown erratic trading and a significant decline in delivery volume. Year-to-date, the stock is down 28.42%, and over the past year, it has decreased by 70.76%, indicating ongoing challenges despite recent short-term gains.
As of 17-Sep, Gconnect Logitech & Supply Chain Ltd is experiencing a price increase, currently at 23.98, with a change of 0.73, representing a rise of 3.14%. Today's performance indicates that the stock has outperformed its sector by 3.05%. However, it has shown erratic trading patterns, not trading on 3 out of the last 20 days. The stock's delivery volume has significantly decreased, falling by 90.91% against the 5-day average, indicating a decline in investor participation. In terms of returns, the stock has had a mixed performance; it is down 0.58% over the past week but up 8.36% over the past month. Year-to-date, the stock is down 28.42%, and over the past year, it has decreased by 70.76%.

Broader market context shows that while Gconnect's short-term performance has been negative compared to the benchmark Sensex, which has gained 1.56% over the past week, the stock has managed to rise in the short term. The Sensex has also outperformed Gconnect over the month with a 2.60% increase. Despite the stock's recent rise, its year-to-date and one-year performance remains significantly lower than the benchmark, indicating ongoing challenges for the company in the broader market landscape.
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