Why is Patspin India falling/rising?

Sep 23 2025 10:40 PM IST
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As of 23-Sep, Patspin India Ltd's stock price is at 10.07, up 3.49% over the last two days, indicating positive momentum despite a year-to-date decline of 21.94%. The stock has outperformed its sector recently, but remains below several key moving averages and has underperformed significantly over the past month.
As of 23-Sep, Patspin India Ltd's stock price is currently at 10.07, reflecting an increase of 0.34 or 3.49%. The stock has been gaining for the last two days, with a total return of 3.6% during this period, which indicates a positive momentum. Additionally, the stock has outperformed its sector by 4.11%. However, it is important to note that while the stock is currently above its 5-day moving average, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages. The delivery volume has also seen a significant increase of 485.89% compared to the 5-day average, suggesting rising investor participation. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.

In the broader market context, Patspin India Ltd's performance over the past week shows a slight decline of 0.30%, which is marginally better than the Sensex's decline of 0.34%. Over the past month, the stock has underperformed significantly with a return of -8.20%, while the Sensex has gained 0.98%. Year-to-date, Patspin India has seen a substantial decline of 21.94%, contrasting sharply with the Sensex's increase of 5.07%. This broader market context highlights the challenges the stock has faced compared to the benchmark, despite its recent short-term gains.
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