Why is Darjeeling Ropew falling/rising?

Jul 07 2025 10:04 PM IST
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As of 07-Jul, Darjeeling Ropeway Company Ltd's stock price is rising to Rs 40.54, up 5.0%, and has gained 19.24% over the last four days. The stock is outperforming its sector and benchmarks, indicating strong investor sentiment and a positive trend.
As of 07-Jul, Darjeeling Ropeway Company Ltd's stock price is rising, currently at Rs 40.54, reflecting an increase of Rs 1.93 or 5.0%. The stock has shown strong performance recently, gaining 19.24% over the last four days and outperforming its sector by 5% today. It is also close to its 52-week high, just 3.58% away from Rs 41.99. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 29.33% compared to the 5-day average.

In the broader market context, the stock's performance over the past week has been significantly better than the benchmark, with a return of +17.54% compared to the Sensex's -0.20%. Over the past month, the stock has also outperformed the benchmark, gaining +17.34% while the Sensex increased by only +1.53%. This strong relative performance suggests that investor sentiment towards Darjeeling Ropeway Company Ltd is positive, contributing to its rising stock price amidst a generally weaker market.
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