Why is Shri Techtex falling/rising?

Nov 05 2025 12:21 AM IST
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As of 04-Nov, Shri Techtex Ltd's stock price is declining at 65.05, down 2.91%, and has underperformed its sector. Despite a year-over-year increase, its year-to-date performance is down by 9.90%, indicating challenges compared to the broader market's growth.
As of 04-Nov, Shri Techtex Ltd is experiencing a decline in its stock price, currently at 65.05, which reflects a decrease of 1.95 or 2.91%. The stock has underperformed its sector by 1.83% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a significant drop of 10.65%, while its performance over the last month shows a decrease of 2.91%. Despite a year-over-year increase of 1.64%, the year-to-date performance is down by 9.90%. Notably, there has been a rise in investor participation, with delivery volume increasing by 57.89% against the 5-day average, indicating some interest despite the overall decline.

In the broader market context, the Sensex has shown a decline of only 1.31% over the past week and an increase of 2.83% over the past month, highlighting that Shri Techtex's performance is lagging behind the benchmark. The year-to-date performance of the Sensex is up by 8.26%, contrasting sharply with Shri Techtex's negative returns. This disparity suggests that while the overall market is experiencing growth, Shri Techtex is facing challenges that are impacting its stock price negatively. Unfortunately, there is no available information regarding specific positive or negative factors that could further explain the stock's recent movement.
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