Why is Econo Trade Indi falling/rising?

Jul 07 2025 09:09 PM IST
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As of 07-Jul, Econo Trade India Ltd's stock price is at 8.41, down 0.36%, with a significant decline in delivery volume and an 8.39% drop over the past week. Despite a positive monthly return of 13.96%, the stock has underperformed compared to the Sensex and shows a lack of investor confidence.
As of 07-Jul, Econo Trade India Ltd's stock price is currently at 8.41, reflecting a decrease of 0.03 or 0.36%. The stock has underperformed its sector today, and its delivery volume has significantly declined by 82.37% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has seen a substantial decline of 8.39%, while it has performed positively over the past month with a return of 13.96%. However, over the past year, the stock has decreased by 7.28%, contrasting with its strong 5-year performance of 203.61%. There are no specific positive or negative factors available to further explain the stock's recent movement.

In the broader market context, Econo Trade India Ltd's short-term performance has been notably weaker than the benchmark Sensex, which has only declined by 0.20% over the same week. While the stock has shown a year-to-date return of 6.59%, it still lags behind the Sensex's 6.79% return. This underperformance in the short term, coupled with a significant drop in trading volume, suggests a lack of confidence among investors, contributing to the stock's current downward trend.
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