Why is DRS Dilip Road falling/rising?
As of 24-Sep, DRS Dilip Roadlines Ltd is priced at 93.10, with a month decline of 5.00% compared to a 0.75% increase in the Sensex. The stock is underperforming in the short term, trading below moving averages, despite a long-term gain of 25.47% over three years.
As of 24-Sep, DRS Dilip Roadlines Ltd is currently priced at 93.10, showing no change (0.00%). The stock has underperformed in the last month with a decline of 5.00%, while the benchmark Sensex has increased by 0.75%. Despite a flat performance today, the stock has outperformed its sector by 1.54%. However, it is trading below all its moving averages, indicating a bearish trend. Additionally, while there has been a rise in investor participation with a delivery volume of 800 on 17 September, this has not translated into significant price movement. There are no positive or negative factors available to further explain the stock's recent performance.In the broader market context, the stock's short-term performance over the past week is flat at 0.00%, contrasting with the Sensex, which has declined by 1.08%. Year-to-date, DRS Dilip Roadlines has seen a significant drop of 18.69%, while the Sensex has gained 5.97%. This stark difference highlights the stock's struggles relative to the overall market. Over a three-year period, however, the stock has shown a positive return of 25.47%, although this is still below the benchmark's return of 44.61%, suggesting that while the stock has had some long-term gains, it is currently facing challenges in the short term.
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