Why is ICDS falling/rising?
As of 24-Oct, ICDS Ltd is priced at 51.99, showing a recent increase but overall trading patterns indicate a downward trend with significant decreases in delivery volume and underperformance compared to its sector and the benchmark index. Despite a positive return over the past year, the stock's lack of investor interest and liquidity raises concerns about its short-term price stability.
As of 24-Oct, ICDS Ltd is currently priced at 51.99, reflecting an increase of 0.64 or 1.25%. However, the stock has shown erratic trading patterns, having not traded on one day out of the last 20 days, and it is trading below all key moving averages, indicating a downward trend. Additionally, the delivery volume has significantly decreased, falling by 98.88% against the 5-day average, suggesting a lack of investor interest. Over the past week, the stock has gained 2.24%, but it has underperformed its sector by a notable margin of 99.72%. Year-to-date, the stock is down 17.27%, contrasting with a 7.77% gain in the benchmark index.In the broader market context, while ICDS has shown a positive return of 18.16% over the past year, it has underperformed the Sensex, which has increased by 5.18% in the same period. The stock's recent performance indicates a struggle to attract investor participation, which is critical for sustaining upward momentum. Although the stock has performed well over a three-year period, with a return of 48.97% compared to the Sensex's 40.75%, the current lack of liquidity and declining trading activity suggest that investors may be cautious, impacting the stock's price stability in the short term.
{{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
