Why is Paramatrix Tech. falling/rising?
As of 13-Nov, Paramatrix Technologies Ltd's stock price has declined to 73.05, down 8.8%, and is significantly underperforming compared to its sector and the benchmark Sensex. The stock is in a bearish trend, trading below all key moving averages, with a drastic drop in investor participation and a year-over-year decline of 28.24%.
As of 13-Nov, Paramatrix Technologies Ltd is experiencing a decline in its stock price, currently at 73.05, which represents a decrease of 7.05 or 8.8%. The stock has underperformed significantly today, with a performance that is 8.26% lower than its sector. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock has also seen a drastic drop in investor participation, with delivery volume falling by 85.07% compared to the 5-day average. Over the past year, the stock has declined by 28.24%, while the benchmark Sensex has risen by 9.85%, highlighting a stark contrast in performance.In the broader market context, the stock's short-term return over the past week is down 15.74%, while the Sensex has gained 1.45%. This underperformance relative to the benchmark suggests that investor sentiment towards Paramatrix Technologies Ltd is weak, contributing to the stock's decline. The lack of available positive factors further exacerbates the situation, as there are no indications of any recent developments that could potentially reverse the negative trend. Overall, the combination of poor performance metrics, declining investor interest, and unfavorable comparisons to the benchmark paints a concerning picture for the stock's future.
{{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
