Why is Ideal Tech. falling/rising?

Jul 02 2025 11:01 PM IST
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As of 02-Jul, Ideal Technoplast Industries Ltd is priced at 143.95, with no change and has outperformed its sector. Despite a recent decline in investor participation, the stock has shown strong relative performance against the benchmark Sensex, suggesting potential for increased investor interest.
As of 02-Jul, Ideal Technoplast Industries Ltd is currently priced at 143.95, showing no change (0.00%). The stock has outperformed its sector by 0.67% today and is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has increased by 2.49%, and in the last month, it has risen by 10.73%. However, there has been a notable decline in investor participation, with delivery volume falling by 39.39% against the 5-day average, which may indicate a potential concern regarding sustained 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, Ideal Technoplast's short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 0.83% over the past week and 2.98% over the past month. Year-to-date, Ideal Technoplast has achieved a return of 22.51%, compared to the Sensex's 7.65%, highlighting its strong relative performance. This suggests that while the stock is currently stable, its recent outperformance against the benchmark may attract more investor attention, despite the drop in participation.
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