Why is GTL falling/rising?
As of 08-Aug, GTL Ltd's stock price is at 9.05, showing a short-term increase but trading below all key moving averages, indicating a bearish long-term trend. Despite a recent uptick and increased investor interest, the stock has significantly underperformed over the past month and year.
As of 08-Aug, GTL Ltd's stock price is currently at 9.05, reflecting an increase of 0.19 or 2.14%. The stock has shown a trend reversal by gaining after two consecutive days of decline. Additionally, it has outperformed its sector by 3.96% today. Despite this positive movement, GTL is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend over the longer term. The stock has experienced significant declines over the past month and year, with returns of -13.31% and -40.22%, respectively. However, there has been a notable increase in investor participation, with delivery volume rising by 131.07% against the 5-day average, suggesting growing interest despite the overall negative performance.In the broader market context, GTL's recent performance contrasts with the Sensex, which has shown a decline of only 0.92% over the past week. This indicates that while GTL is experiencing a short-term uptick, its longer-term performance remains weak compared to the benchmark, as evidenced by its year-to-date return of -27.37% against the Sensex's positive return of +2.20%. The liquidity of GTL stock is adequate for trading, as it is based on 2% of the 5-day average traded value, allowing for trades of small sizes. Overall, while there are signs of short-term recovery, the stock's long-term performance and moving averages suggest ongoing challenges.
{{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
