Why is Integra Engg. falling/rising?
As of 19-Sep, Integra Engineering India Ltd's stock price is Rs 236.40, down 1.42% and has declined 5.06% over the last four days. The stock is underperforming compared to the Sensex, which has gained 5.74% year-to-date, while Integra's year-to-date decline is 1.13%.
As of 19-Sep, Integra Engineering India Ltd's stock price is currently at Rs 236.40, reflecting a decrease of Rs 3.4 or 1.42%. The stock has been on a downward trend, having lost value for the last four consecutive days, resulting in a total decline of 5.06% during this period. Additionally, the stock's performance over the past week and month shows a decline of 0.80% and 1.07%, respectively, while it has dropped 8.60% over the past year. The stock is currently trading above its 100-day and 200-day moving averages but below its 5-day, 20-day, and 50-day moving averages. There has also been a notable decrease in investor participation, with delivery volume falling by 17.05% compared to the 5-day average.Broader market context indicates that while Integra Engineering's stock has been declining, the benchmark Sensex has shown positive returns, gaining 0.88% over the past week and 1.20% over the past month. This contrast highlights the stock's underperformance relative to the broader market. The year-to-date performance of the stock is also concerning, with a decline of 1.13%, while the Sensex has increased by 5.74% during the same period. Overall, the combination of falling investor participation and the stock's inability to keep pace with market benchmarks contributes to its recent price decline.
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