Why is Computer Point falling/rising?

Aug 06 2025 09:46 PM IST
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As of 06-Aug, Computer Point Ltd's stock price is declining at 5.15, down 3.01%, and has underperformed its sector. It is trading below all key moving averages, indicating a bearish trend, with a year-to-date drop of 21.85% compared to the Sensex's gain of 3.08%.
As of 06-Aug, Computer Point Ltd is experiencing a decline in its stock price, currently at 5.15, which represents a decrease of 0.16 or 3.01%. The stock has underperformed its sector by 3.38% today and has fallen after two consecutive days of gains. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased by 21.86% compared to the 5-day average, suggesting a decline in investor participation. Over the past week, the stock has dropped by 8.20%, and year-to-date, it has fallen by 21.85%, contrasting sharply with the Sensex, which has gained 3.08% during the same period.

In the broader market context, Computer Point's short-term performance has significantly lagged behind the benchmark, as evidenced by its 1-week decline of 8.20% compared to the Sensex's modest drop of 1.15%. This underperformance is further highlighted by the stock's year-to-date return of -21.85%, while the Sensex has shown positive growth. The overall market sentiment appears to be more favorable towards the benchmark, which may be contributing to the downward pressure on Computer Point's stock price.
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