Why is Sattrix Infor. falling/rising?
As of 23-Sep, Sattrix Information Security Ltd's stock price is at Rs. 325.60, having risen 5.0% and reached a new all-time high. Despite strong performance with an 84.37% return over 13 days, a significant drop in investor participation raises concerns for future trading.
As of 23-Sep, Sattrix Information Security Ltd's stock price is rising, currently at Rs. 325.60, reflecting an increase of Rs. 15.5 or 5.0%. The stock has reached a new 52-week and all-time high today, and it has been on a consecutive gain streak for the last 13 days, accumulating an impressive 84.37% return during this period. Additionally, the stock has outperformed its sector by 5.59% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. However, there has been a notable decline in investor participation, with delivery volume falling by 85.82% compared to the 5-day average, which could be a concern for future trading activity.Broader market context shows that Sattrix's performance has significantly outpaced the benchmark, with a 1-week return of +27.59% compared to the Sensex's -0.34%, and a 1-month return of +62.11% against the Sensex's +0.98%. Year-to-date, Sattrix has achieved a remarkable +117.14% return, while the Sensex has only increased by 5.07%. This stark contrast highlights the stock's strong performance relative to the broader market, contributing to its rising price.
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