Why is Onix Solar falling/rising?

Aug 14 2025 11:10 PM IST
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As of 14-Aug, Onix Solar Energy Ltd's stock price is declining at 425.40, down 1.99% after nine consecutive days of losses totaling 16.59%. Despite this short-term underperformance, the stock has increased 84.44% year-to-date and 471.39% over the past three years, with rising investor participation noted.
As of 14-Aug, Onix Solar Energy Ltd is experiencing a decline in its stock price, currently at 425.40, which represents a decrease of 8.65 points or 1.99%. The stock has been underperforming, having lost value for the last nine consecutive days, resulting in a total decline of 16.59% during this period. Despite this downturn, the stock has shown strong performance over the longer term, with a year-to-date increase of 84.44% and a remarkable rise of 471.39% over the past three years. Additionally, while the stock is currently trading at its opening price with no range, there has been a notable increase in investor participation, with delivery volume rising by 79.79% compared to the five-day average.

In the broader market context, the stock's short-term performance has significantly lagged behind the benchmark, as it has dropped 9.59% over the past week while the Sensex has remained relatively flat with a change of only -0.03%. This underperformance indicates that the stock is facing challenges that are not affecting the broader market to the same extent. The liquidity of the stock appears adequate for trading, as it is based on 2% of the five-day average traded value. However, the lack of available positive or negative factors in the dashboard limits the understanding of specific catalysts driving the recent price movement.
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