Why is Econo Trade Indi falling/rising?

Nov 13 2025 10:02 PM IST
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As of 13-Nov, Econo Trade India Ltd's stock price is at 7.36, down 5.03% and reflecting significant underperformance with a year-to-date return of -6.72%. The stock is trading below all key moving averages, indicating a bearish trend amidst a generally positive market environment.
As of 13-Nov, Econo Trade India Ltd's stock price is currently at 7.36, reflecting a decline of 0.39, or 5.03%. The stock has been underperforming significantly, with a consecutive fall over the last two days resulting in an overall decrease of 8.23%. Additionally, Econo Trade India has shown poor performance over various periods, including a 1-week decline of 9.80% and a 1-month drop of 11.75%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. While there has been a notable increase in delivery volume, rising by 200.12% against the 5-day average, the overall sentiment appears negative, with no positive factors available to counterbalance the stock's recent downturn.

Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.40% over the past week and 2.61% over the past month, Econo Trade India Ltd's performance has been significantly weaker. The stock's year-to-date return of -6.72% contrasts sharply with the Sensex's gain of 8.11%, highlighting a broader market strength that Econo Trade India is failing to capitalize on. This disparity in performance suggests that investor sentiment towards Econo Trade India is currently negative, contributing to its declining stock price amidst a generally positive market environment.
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