Why is Promact Impex falling/rising?
As of 13-Nov, Promact Impex Ltd is seeing a price increase to 11.89, up 1.36%. Despite strong recent performance and outpacing benchmarks, a significant drop in investor participation raises concerns about sustained interest.
As of 13-Nov, Promact Impex Ltd is experiencing a price increase, with its current price at 11.89, reflecting a change of 0.16 (1.36%) upward. The stock has shown strong performance recently, gaining 10.19% over the last three days and outperforming its sector by 0.72% today. Additionally, it has outperformed the benchmark Sensex over the past week with a return of 4.30% compared to the Sensex's 1.40%. However, it is important to note that there has been a significant decline in investor participation, with delivery volume dropping by 69.86% against the 5-day average, which may indicate a potential concern regarding sustained interest in the stock.Broader Market Context: In the short term, Promact Impex's performance has been notably stronger than the benchmark, as evidenced by its 1-week return of 4.30% compared to the Sensex's 1.40%. While the stock has shown impressive gains over the past three years at 238.75%, it is still down 10.26% year-to-date, contrasting with the Sensex's positive return of 8.11% in the same period. This disparity highlights the stock's volatility and the challenges it faces in maintaining momentum despite recent gains.
{{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
