Why is Deem Roll-Tech falling/rising?
As of 25-Jul, Deem Roll-Tech Ltd's stock price is at 56.25, showing a slight increase but a significant decline over the past week, month, and year. The stock has underperformed relative to the broader market, with a year-to-date decline of 35.01% compared to a 5.04% gain in the Sensex.
As of 25-Jul, Deem Roll-Tech Ltd's stock price is currently at 56.25, reflecting an increase of 0.25 or 0.45%. Despite this slight uptick, the stock has shown a negative performance trend over the past week, month, and year, with declines of 3.02%, 6.72%, and 42.81% respectively. Today's price summary indicates that the stock has outperformed its sector by 1.77%, although it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a rise in investor participation, with a 12.9% increase in delivery volume compared to the 5-day average. There are no available positive or negative factors to further clarify the stock's recent movement.Broader market context shows that while Deem Roll-Tech has experienced a significant year-to-date decline of 35.01%, the benchmark Sensex has gained 5.04% during the same period. This stark contrast highlights the stock's underperformance relative to the broader market. In the short term, the stock's performance over the past week has also been notably worse than the Sensex, which has only declined by 0.53%. This suggests that while there may be some positive movement today, the overall trend for Deem Roll-Tech remains negative compared to market benchmarks.
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