Why is GTT Data falling/rising?
As of 13-Nov, GTT Data Solutions Ltd is experiencing a price increase to 97.65, reflecting a rise of 4.05%. The stock has shown strong performance, significantly outperforming the Sensex and achieving notable returns over various timeframes, indicating a bullish trend.
As of 13-Nov, GTT Data Solutions Ltd is experiencing a price increase, currently at 97.65, which reflects a rise of 3.8 or 4.05%. The stock has shown strong performance today, having outperformed its sector by 4.59% and achieving a consecutive gain over the last three days, with a total return of 14.67% during this period. It opened with a notable gap up of 5% and reached an intraday high of Rs 98.54. Additionally, GTT Data is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. The stock's performance over various timeframes is impressive, with a 1-week return of 18.21% and a staggering 3-year return of 4115.59%, highlighting its strong upward trajectory. There is no information available regarding positive or negative factors that could influence the stock's movement.Broader market context shows that GTT Data Solutions Ltd has significantly outperformed the Sensex, which has only increased by 1.40% over the past week, while GTT Data's return in the same period is 18.21%. This stark contrast underscores the stock's strong performance relative to the broader market. Over the last month, GTT Data has also outpaced the benchmark, with a return of 14.57% compared to the Sensex's 2.61%. The liquidity of the stock appears to be adequate, as it is based on 2% of the 5-day average traded value, which supports its trading activity.
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