Why is GTN Textiles falling/rising?
As of 31-Oct, GTN Textiles Ltd's stock price is Rs. 10.72, down 10.37%, despite a brief intraday gain. The stock has shown volatility and underperformed its sector year-to-date, with a long-term decline of 22.54% over three years compared to the Sensex's gain.
As of 31-Oct, GTN Textiles Ltd is experiencing a decline in its stock price, currently at Rs. 10.72, which represents a decrease of 1.24 or 10.37%. Today, the stock opened with a significant gain of 14.38%, reaching an intraday high of Rs. 13.68, but subsequently fell to a low of Rs. 10.51, indicating high volatility with an intraday fluctuation of 13.06%. Despite a recent trend reversal after two consecutive days of gains, the stock has underperformed its sector by 9.32%. Over the past week, GTN Textiles has shown a positive return of 9.50%, but its year-to-date performance remains negative at -12.13%, contrasting with the Sensex, which has gained 7.42% year-to-date.In the broader market context, while GTN Textiles has outperformed the Sensex in the short term, its long-term performance is concerning, with a decline of 22.54% over three years compared to the Sensex's gain of 38.18%. The stock's recent volatility and significant trading volume, which has increased by 1923.65% against the five-day average, suggest rising investor participation, but the overall trend indicates a struggle to maintain upward momentum. The lack of available positive or negative dashboard factors limits the analysis of specific influences on the stock's recent movement.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
