Why is Sattrix Infor. falling/rising?
As of 24-Sep, Sattrix Information Security Ltd's stock price is Rs. 332.10, having increased by 2.0% and reached a new all-time high. Despite a recent drop in investor participation, the stock has shown significant gains over various periods, outperforming the broader market.
As of 24-Sep, Sattrix Information Security Ltd's stock price is currently at Rs. 332.10, reflecting an increase of Rs. 6.5 or 2.0%. The stock has recently hit a new 52-week and all-time high today, and it has been on a positive trajectory, gaining 88.05% over the last 14 days. Despite opening with a loss of 2% today, the stock reached an intraday high of Rs. 332.1. Additionally, Sattrix has shown impressive returns, with a 1-week increase of 23.94%, a 1-month increase of 65.35%, and a year-to-date increase of 121.47%. However, there has been a notable decline in investor participation, with delivery volume dropping by 71.22% against the 5-day average, which could indicate a potential concern for future momentum.Broader Market Context: In comparison to the Sensex, which has seen a slight decline of 1.18% over the past week, Sattrix's strong performance stands out significantly. The stock's ability to outperform the sector by 2.66% today further emphasizes its strength in the current market environment. While the broader market has shown mixed results, Sattrix's substantial gains over various periods highlight its resilience and attractiveness to investors, despite the recent drop in trading volume.
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