Why is Prostarm Info falling/rising?
As of 13-Aug, Prostarm Info Systems Ltd is seeing a price increase to Rs 213.00, up 4.18%, and has outperformed its sector despite a decline in investor participation. The stock has gained 5.16% over the past week, indicating strong short-term performance compared to the flat benchmark Sensex.
As of 13-Aug, Prostarm Info Systems Ltd is experiencing a price increase, with its current price at Rs 213.00, reflecting a rise of 8.55 or 4.18%. The stock has outperformed its sector today by 4.09%, reaching an intraday high of Rs 213. The stock's performance over the past week shows a gain of 5.16%, while it has increased by 3.50% over the past month. However, there is a notable decline in investor participation, with delivery volume falling by 38.36% against the 5-day average. 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, the stock's short-term performance is significantly better than the benchmark, the Sensex, which has remained flat at -0.01% over the past week. This indicates that while the overall market may not be performing well, Prostarm Info Systems Ltd is managing to attract investor interest and achieve positive returns. The stock's liquidity remains adequate for trading, as it is based on 2% of the 5-day average traded value, suggesting that it can accommodate trades of Rs 0.89 crore without significant issues.
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