Why is ROX Hi-Tech falling/rising?
As of 06-Oct, ROX Hi-Tech Ltd's stock price is 47.80, up 1.92% today, but has declined 0.42% over the past month and 50.77% year-to-date. Despite a recent uptick, it lags behind the market, with a year-on-year decline of 58.22%.
As of 06-Oct, ROX Hi-Tech Ltd is experiencing a price increase, with the current price at 47.80, reflecting a change of 0.9 or 1.92% upward. The stock has outperformed its sector today by 2.58%. However, despite this positive movement, the stock has shown a decline of 0.42% over the past month and a significant drop of 50.77% year-to-date. Additionally, the stock's delivery volume has decreased by 35.06% compared to the 5-day average, indicating falling investor participation. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, ROX Hi-Tech's short-term performance over the past week shows a return of +1.70%, which is slightly below the benchmark Sensex's return of +1.80%. This suggests that while the stock has seen a recent uptick, it is still lagging behind the overall market performance in the short term. The stock's performance over the longer term remains concerning, with a year-on-year decline of 58.22%, contrasting sharply with the Sensex's modest gain of 0.25% during the same period.
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