Why is ACS Tech falling/rising?
As of 29-Jul, ACS Technologies Ltd is seeing a price increase to 23.68, up 1.24%, after five days of decline. Despite recent gains, the stock has underperformed the Sensex over the past week, and a significant drop in investor participation raises concerns about the sustainability of its upward trend.
As of 29-Jul, ACS Technologies Ltd is experiencing a price increase, with its current price at 23.68, reflecting a change of 0.29 or 1.24% upward. The stock has shown a trend reversal, gaining after five consecutive days of decline. However, it has underperformed the benchmark Sensex over the past week, with a return of -3.70% compared to the Sensex's -1.03%. Despite this, the stock has performed well over the past month, gaining 6.57% while the Sensex fell by 3.24%. The stock's moving averages indicate it is performing better than the 20, 50, 100, and 200-day averages, although it is lower than the 5-day moving average. Notably, there has been a significant drop in investor participation, with delivery volume falling by 65.48% against the 5-day average, which may indicate reduced interest among investors.In the broader market context, the stock's recent performance contrasts with the benchmark's slight decline, suggesting that while ACS Technologies Ltd is currently rising, it is doing so amidst a generally weak market environment. The stock's ability to outperform its sector by 0.6% today indicates some resilience, but the falling investor participation could pose challenges for sustained momentum. Overall, the stock's recent rise appears to be a corrective movement following prior declines, yet the significant drop in trading volume raises concerns about the strength of this upward trend.
{{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
