Why is Prostarm Info falling/rising?
As of 02-Jul, Prostarm Info Systems Ltd is priced at 150.45, down 1.31% after a trend reversal following five days of gains. Despite this decline, the stock has shown strong performance over the past week, significantly outperforming the Sensex, indicating continued investor interest.
As of 02-Jul, Prostarm Info Systems Ltd is currently priced at 150.45, reflecting a decline of 2.0 points or 1.31%. The stock has recently experienced a trend reversal, falling after five consecutive days of gains. Despite hitting a new 52-week high of Rs 158.65 earlier in the day, it has underperformed its sector by 0.55%. The stock's performance over the past week shows a significant increase of 11.86%, while the Sensex has only risen by 0.79%. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend prior to this decline. There is also a notable increase in investor participation, with delivery volume rising by 41.69% compared to the 5-day average, suggesting continued interest despite the current price drop.In the broader market context, Prostarm's recent performance has significantly outpaced the benchmark Sensex over the past week, indicating strong relative strength. However, the stock's current decline may reflect profit-taking after reaching a new high, as well as a potential correction following its rapid ascent. The liquidity of the stock remains adequate, with trading volume supporting a healthy market environment for transactions. Overall, while the stock has shown impressive short-term gains compared to the benchmark, the recent price drop suggests a momentary pullback rather than a fundamental weakness in the company's outlook.
{{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
