Why is Shri Techtex falling/rising?

Sep 23 2025 11:49 PM IST
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As of 23-Sep, Shri Techtex Ltd's stock price is at 72.95, up 2.75%, but has underperformed over the past week and month compared to the Sensex. Despite a short-term rise, its year-to-date performance lags behind the market benchmark.
As of 23-Sep, Shri Techtex Ltd's stock price is currently at 72.95, reflecting an increase of 1.95, or 2.75%. The stock has shown a performance today that outperformed its sector by 3.37%. Additionally, the delivery volume has risen by 15.38% against the 5-day average, indicating increasing investor participation. However, the stock is currently higher than its 5-day moving average but lower than its 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 2.47%, and over the past month, it has decreased by 9.94%. Year-to-date, it has a modest gain of 1.04%, while it has performed well over the past year with a return of 12.40%. There is no information available regarding positive or negative factors that could influence the stock's recent movement.
In the broader market context, the Sensex has shown a slight decline of 0.28% over the past week, while Shri Techtex's performance has been worse, indicating a relative underperformance in the short term. However, the stock's year-to-date performance is lagging behind the Sensex, which has gained 6.45% during the same period. This suggests that while the stock is experiencing a short-term rise today, its overall trend in the recent weeks has been negative compared to the benchmark.
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