Why is Elnet Technolog falling/rising?
As of 29-Oct, Elnet Technologies Ltd's stock price is Rs 364.95, down 0.4%, and has significantly underperformed its sector and the broader market. Despite a positive annual return of 13.85%, it has declined 11.20% year-to-date, with a notable drop in investor participation and no immediate catalysts for recovery.
As of 29-Oct, Elnet Technologies Ltd is experiencing a decline in its stock price, currently at Rs 364.95, which reflects a decrease of -1.45 (-0.4%). The stock has underperformed its sector by 1% today and opened with a loss of 2.47%. It touched an intraday low of Rs 357.35 and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 87.37% compared to the 5-day average. Over the past year, the stock has shown a positive return of 13.85%, but it has underperformed in the short term, with a year-to-date decline of 11.20%.In the broader market context, the Sensex has shown a positive return of 8.78% year-to-date, contrasting with Elnet's negative performance. Over the past week, Elnet's stock has decreased by 2.34%, while the Sensex has gained 0.68%. This divergence indicates that while the overall market is experiencing upward momentum, Elnet Technologies is struggling to keep pace, which may be contributing to the stock's recent decline. The lack of available positive factors further suggests that there are no immediate catalysts to reverse the current downward trend.
{{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
