Why is Rex Pipes&Cables falling/rising?
As of 18-Sep, Rex Pipes & Cables Industries Ltd is priced at 157.00, with a recent decline of 4.85% over the past week and a 3.97% increase over the past month. Despite a strong year-to-date return of 114.48%, decreased investor participation and mixed short-term momentum signals suggest potential concerns about its current price stability.
As of 18-Sep, Rex Pipes & Cables Industries Ltd is currently priced at 157.00, showing no change (0.00%). The stock has experienced a decline of 4.85% over the past week, while it has increased by 3.97% over the past month. Despite a strong year-to-date return of 114.48%, the stock's performance today is reported as inline with the sector. However, there is a notable decrease in investor participation, with delivery volume falling by 37.5% against the 5-day average, which may indicate reduced interest from investors. Additionally, while the stock's price is above the 50-day, 100-day, and 200-day moving averages, it is below the 5-day and 20-day moving averages, suggesting mixed signals regarding its short-term momentum.Broader market context shows that the Sensex has increased by 1.67% over the past week and 2.20% over the past month, indicating a stronger performance relative to Rex Pipes & Cables in the short term. The stock's year-to-date performance significantly outpaces the benchmark, which has only risen by 7.52%. This contrast highlights that while the stock has had substantial gains over a longer period, its recent underperformance compared to the benchmark and the decline in investor participation may be contributing factors to its current price stability.
{{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
