Why is Darjeeling Ropew falling/rising?

Jul 24 2025 10:27 PM IST
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As of 24-Jul, Darjeeling Ropeway Company Ltd's stock price is Rs 42.35, reflecting a slight increase and strong recent performance with a 1-year return of +450.00%. However, a significant drop in investor participation raises concerns about the sustainability of this upward trend.
As of 24-Jul, Darjeeling Ropeway Company Ltd is experiencing a slight increase in its stock price, currently at Rs 42.35, reflecting a change of 0.05 or 0.12% upward. The stock has shown strong performance recently, with a 1-week return of +3.42% and a remarkable 1-year return of +450.00%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a significant drop in investor participation, with delivery volume falling by 87.94% compared to the 5-day average, which may raise concerns about the sustainability of the stock's upward movement.

In the broader market context, while Darjeeling Ropeway's recent performance has outpaced the Sensex, which has seen a slight decline of 0.09% over the past week, the stock's year-to-date return of +4.98% is slightly behind the Sensex's +5.18%. This suggests that while the stock is performing well on its own, it is not keeping pace with the overall market in the year-to-date perspective. The liquidity of the stock remains adequate for trading, but the significant drop in delivery volume could indicate a potential slowdown in buying interest, which may affect future price movements.
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