Why is Radix Industries falling/rising?

Jul 29 2025 09:53 PM IST
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As of 29-Jul, Radix Industries (India) Ltd's stock price is Rs 192.05, down 2.31% after a recent peak, despite strong long-term performance and significant growth in net sales. The decline may be due to short-term volatility and profit-taking, as the stock has outperformed the broader market over the past year.
As of 29-Jul, Radix Industries (India) Ltd is experiencing a decline in its stock price, currently at Rs 192.05, which represents a decrease of Rs 4.55 or 2.31%. Today's price summary indicates that the stock opened with a gain of 5.42% but has since fallen after four consecutive days of gains, reaching an intraday low of Rs 192. Despite this drop, the stock has shown strong performance over the past week and month, with returns of +5.35% and +4.92%, respectively. Additionally, the company has demonstrated consistent returns over the last three years, outperforming the BSE500 in each of the last three annual periods, and reported significant growth in net sales of 59.34% for the nine-month period ending March 25. However, it has underperformed its sector by 3.51% today, which may contribute to the current price decline.

In the broader market context, while Radix Industries has shown positive returns over the past year (+12.64%) and significant long-term growth (263.04% over three years), the benchmark index, Sensex, has experienced a slight decline of 0.02% over the same period. This indicates that the stock's recent performance is relatively strong compared to the broader market, particularly in the long term. However, the stock's current decline may be influenced by short-term volatility and profit-taking after its recent gains, as well as the overall market sentiment reflected in the sector's performance.
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