Why is Desco Infra. falling/rising?
As of 26-Aug, Desco Infratech Ltd's stock price is Rs 253.50, down 1.74%, with a recent downward trend and significant drop in delivery volume. Despite short-term challenges, the stock has outperformed the Sensex over the past month, indicating longer-term resilience.
As of 26-Aug, Desco Infratech Ltd's stock price is currently at Rs 253.50, reflecting a decrease of Rs 4.5, or 1.74%. The stock has been experiencing a downward trend, having fallen for the last three consecutive days, resulting in a total decline of 4.14% during this period. It opened today with a loss of 2.66% and reached an intraday low of Rs 250, which is a 3.1% drop. Additionally, the stock's delivery volume has significantly decreased, with a 70.24% drop compared to the 5-day average, indicating falling investor participation. While the stock is trading above its 50-day, 100-day, and 200-day moving averages, it is below the 5-day and 20-day moving averages, suggesting a weakening short-term momentum.In the broader market context, Desco Infratech's performance over the past week shows a decline of 3.24%, which is notably worse than the Sensex's decrease of only 1.05%. However, over the past month, the stock has outperformed the benchmark with a gain of 7.87% compared to the Sensex's slight decline of 0.83%. This indicates that while the stock is currently facing short-term challenges, it has shown resilience in the longer term. Overall, the combination of recent price declines, reduced trading volume, and the stock's relative performance against the benchmark suggests a cautious sentiment among investors.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
