Why is IEC Education falling/rising?
As of 23-Jul, IEC Education Ltd's stock price is at 24.32, having increased by 1.97% and gained 55% over the last 12 days. Despite a strong recent performance, the stock is down 26.44% year-to-date, contrasting with the Sensex's 5.87% gain.
As of 23-Jul, IEC Education Ltd's stock price is currently at 24.32, reflecting an increase of 0.47 or 1.97%. The stock has been on a positive trajectory, gaining for the last 12 consecutive days and achieving a remarkable 55% return during this period. It has outperformed its sector by 1.58% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 70.32% compared to the 5-day average. Unfortunately, the positive and negative factors dashboard is not available, so further insights into specific influences on the stock's movement cannot be provided.In the broader market context, IEC Education's short-term performance over the past week shows a substantial return of 23.89%, significantly outperforming the Sensex, which only increased by 0.11% during the same period. Over the past month, the stock has also outperformed the benchmark, with a return of 38.10% compared to the Sensex's 1.01%. However, it is important to note that year-to-date, the stock is down 26.44%, while the Sensex has gained 5.87%. This indicates that while the stock is currently experiencing a strong upward movement, it has faced challenges earlier in the year compared to the overall market.
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