Why is Darjeeling Ropew falling/rising?

Oct 17 2025 10:55 PM IST
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As of 17-Oct, Darjeeling Ropeway Company Ltd's stock price is Rs 59.01, down 4.99% and has declined 18.82% over the last six days. Despite strong year-to-date and one-year returns, recent performance shows a significant divergence from the market trend, with a notable drop in investor participation.
As of 17-Oct, Darjeeling Ropeway Company Ltd's stock price is currently at Rs 59.01, reflecting a decrease of Rs 3.1 or 4.99%. The stock has been on a downward trend, having fallen for the last six consecutive days, resulting in a total decline of 18.82% during this period. Although the stock opened with a gain of 2.24% today and reached an intraday high of Rs 63.5, it ultimately closed at its day's low. The stock's performance has underperformed its sector by 4.95%, and the delivery volume has seen a significant drop of 57.46% compared to the five-day average, indicating falling investor participation. Additionally, while the stock remains above its 100-day and 200-day moving averages, it is below the shorter-term moving averages, suggesting a potential shift in momentum. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.

In the broader market context, the stock's performance over the past week shows a decline of 17.73%, contrasting sharply with the Sensex, which has gained 1.76% during the same period. Over the last month, the stock has decreased by 4.11%, while the benchmark has increased by 1.52%. Despite a strong year-to-date return of 46.28% and a remarkable one-year return of 253.35%, the recent short-term performance indicates a significant divergence from the overall market trend, highlighting the stock's current struggles amidst a generally positive market environment.
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