Why is Sattrix Infor. falling/rising?
As of 17-Sep, Sattrix Information Security Ltd is experiencing a significant price increase, currently at Rs. 267.95, with a remarkable 51.73% return over the last nine days and strong investor demand indicated by a 750% rise in delivery volume. The stock has outperformed the benchmark Sensex substantially, achieving a year-to-date return of 78.69% compared to the Sensex's 5.83%.
As of 17-Sep, Sattrix Information Security Ltd is experiencing a price increase, currently at Rs. 267.95, which reflects a rise of 12.75 or 5.0%. The stock has been on a positive trajectory, gaining for the last nine days and achieving a remarkable 51.73% return during this period. Today, it reached a new 52-week and all-time high of Rs. 267.95, outperforming its sector by 4.35%. Additionally, the stock opened with a 5% gain and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Notably, there has been a significant increase in investor participation, with delivery volume rising by 750% compared to the 5-day average, indicating strong demand for the stock.In the broader market context, Sattrix's performance has significantly outpaced the benchmark Sensex, which has only increased by 1.56% over the past week, while Sattrix has surged by 27.60%. Over the past month, Sattrix has achieved a return of 53.99%, compared to the Sensex's 2.60%. This stark contrast highlights the stock's strong momentum and investor confidence, particularly in light of its substantial year-to-date return of 78.69% against the Sensex's 5.83%. Overall, the combination of strong recent performance, rising investor interest, and favorable comparisons to the benchmark contributes to the stock's upward movement.
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