Why is ROX Hi-Tech falling/rising?

Jul 29 2025 11:08 PM IST
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As of 29-Jul, ROX Hi-Tech Ltd's stock price is declining at 42.05, down 3.44%, and has underperformed its sector and the Sensex significantly, with a year-to-date drop of 56.69%. The stock is trading below all major moving averages, indicating weak investor interest and overall poor performance.
As of 29-Jul, ROX Hi-Tech Ltd is experiencing a decline in its stock price, currently at 42.05, which reflects a decrease of 1.5 or 3.44%. The stock has underperformed its sector by 4.24% today, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has shown significant negative returns over various periods, including a 5.29% drop over the past week and a staggering 56.69% decline year-to-date. The delivery volume has also decreased by 2.99% compared to the 5-day average, indicating falling investor participation. There are no positive or negative factors available to provide further context on the stock's recent movement.

In the broader market context, ROX Hi-Tech's performance has been notably worse than the benchmark, the Sensex, which has only declined by 0.96% over the past week and has gained 4.97% year-to-date. This stark contrast highlights the stock's underperformance relative to the overall market, as it has not only lagged behind in short-term returns but also in longer-term performance, with a 68.03% drop over the past year compared to the Sensex's negligible decline.
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