Why is Rossell Techsys falling/rising?
As of 16-Sep, Rossell Techsys Ltd's stock price is Rs 731.15, down 2.38%, despite strong recent performance with a year-to-date return of 57.73%. The stock's decline may be due to long-term concerns about fundamental strength and high volatility amid changing investor sentiment.
As of 16-Sep, Rossell Techsys Ltd's stock price is currently at Rs 731.15, reflecting a decrease of Rs 17.85, or 2.38%. The stock has recently underperformed its sector by 3.45% despite opening with a gain of 6.01% today and reaching an intraday high of Rs 794. However, it has also experienced significant volatility, with an intraday low of Rs 725. The stock has shown strong performance over the past week and month, with returns of 7.03% and 19.90%, respectively. Positive factors include substantial growth in net sales and profit after tax, indicating strong recent performance. However, concerns about long-term fundamental strength, including a low return on capital employed and high debt levels, may be contributing to the stock's current decline.In the broader market context, while Rossell Techsys has outperformed the Sensex in the short term, with a year-to-date return of 57.73% compared to the Sensex's 5.43%, the stock's recent drop may reflect a market correction after a period of gains. The overall market has shown modest growth, and the stock's high volatility could be a reaction to changing investor sentiment, particularly given the falling investor participation noted in the delivery volume. This combination of strong short-term performance against a backdrop of long-term concerns may be influencing the stock's current price movement.
{{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
