Why is Solex Energy falling/rising?
As of 24-Sep, Solex Energy Ltd's stock price is 1,580.50, down 2.21%, despite a strong weekly return of 4.31% and a monthly increase of 22.61%. The stock is above key moving averages, but underperformed its sector today, reflecting broader market sentiment challenges.
As of 24-Sep, Solex Energy Ltd is experiencing a decline in its stock price, currently at 1,580.50, which reflects a decrease of 35.7 points or 2.21%. Despite this drop, the stock has shown strong performance over the past week, with a return of 4.31%, and a significant increase of 22.61% over the past month. Additionally, Solex Energy is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. The delivery volume has also increased by 2.16% compared to the 5-day average, suggesting rising investor participation. However, the stock underperformed its sector by 1.24% today, which may contribute to the current price decline.In the broader market context, while Solex Energy's recent performance has been strong, the benchmark Sensex has seen a decline of 1.08% over the past week and a modest gain of 0.75% over the past month. This indicates that while Solex Energy has outperformed the benchmark in the short term, the overall market sentiment may be affecting its price negatively today. The stock's year-to-date return of 12.54% and impressive long-term gains, such as 7123.49% over five years, highlight its potential; however, the current market conditions and sector underperformance could be influencing the recent price movement.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
