Why is Shri Techtex falling/rising?

Sep 22 2025 11:39 PM IST
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As of 22-Sep, Shri Techtex Ltd is priced at 71.00 with no change, having outperformed its sector today by 0.71%. Despite a recent increase of 0.57% over the past week, the stock has declined 12.35% in the last month and is down 1.66% year-to-date, indicating underperformance compared to the broader market.
As of 22-Sep, Shri Techtex Ltd is currently priced at 71.00, showing no change (0.00%). The stock has outperformed its sector today by 0.71%, despite trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has increased by 0.57%, but it has experienced a significant decline of 12.35% over the past month. Year-to-date, the stock is down 1.66%, while it has gained 7.58% over the past year. Notably, there has been a rise in investor participation, with delivery volume increasing by 15.38% against the 5-day average, indicating growing interest in the stock. There is no information available regarding positive or negative factors impacting the stock.
In the broader market context, the Sensex has shown a slight increase of 0.53% over the past week, which is comparable to Shri Techtex's performance. However, the stock's longer-term performance is concerning, as it has underperformed the benchmark with a 12.35% decline over the past month compared to the Sensex's 1.34% gain. Year-to-date, while the Sensex has risen by 6.59%, Shri Techtex has not kept pace, reflecting a broader trend of underperformance relative to the market.
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