Why is Exicom Tele-Sys. falling/rising?
As of 07-Aug, Exicom Tele-Systems Ltd is priced at 143.65, down 2.21%, and has significantly underperformed the market with a year-to-date decline of 41.97%. The stock is trading below all key moving averages, indicating a lack of investor confidence and negative sentiment.
As of 07-Aug, Exicom Tele-Systems Ltd is currently priced at 143.65, reflecting a decline of 3.25, or 2.21%. The stock has been underperforming, having lost 4.07% over the last two days and is trading below all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day). Additionally, the stock has shown significant underperformance over various periods, with a 1-month return of -23.18% compared to the Sensex's -3.38%, and a year-to-date decline of 41.97% against a positive Sensex return of 3.18%. There is no information available regarding positive or negative factors that could influence the stock's recent movement.In the broader market context, Exicom Tele-Systems Ltd's short-term performance has significantly lagged behind the benchmark, as evidenced by its 1-week return of -13.67% compared to the Sensex's -0.69%. This stark contrast highlights the stock's struggles relative to the overall market, indicating a lack of investor confidence and participation, as evidenced by a 22.34% drop in delivery volume against the 5-day average. The liquidity of the stock remains adequate for trading, but the overall negative sentiment surrounding its performance continues to drive the price down.
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