Why is Equippp Social falling/rising?
As of 19-Nov, Equippp Social Impact Technologies Ltd's stock price is at 17.88, reflecting a slight increase but overall negative performance with declines over various periods. The stock is trading below key moving averages, indicating a bearish trend, while investor participation has increased, contrasting with its significant underperformance compared to the Sensex.
As of 19-Nov, Equippp Social Impact Technologies Ltd is experiencing a slight increase in its stock price, currently at 17.88, with a change of 0.01, representing a 0.06% rise. Despite this minor uptick, the stock has shown a negative performance over various periods, with a 1-week decline of 0.61% and a 1-month drop of 10.47%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 53.9% against the 5-day average, suggesting some renewed interest in the stock. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, the stock's performance has lagged behind the benchmark Sensex, which has gained 0.85% over the past week. This underperformance is evident in the year-to-date returns, where Equippp Social has declined by 31.47% compared to the Sensex's increase of 9.02%. The stark contrast in returns over longer periods, such as a 3-year decline of 56.39% for Equippp versus a 38.15% gain for the Sensex, highlights the challenges the company faces in attracting investor confidence relative to the broader market.
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