Why is Integra Engg. falling/rising?
As of 12-Nov, Integra Engineering India Ltd's stock is priced at 210.20, down 2.07% and has fallen for four consecutive days, totaling a 13.41% decline. The stock is underperforming its sector and the benchmark Sensex, indicating significant challenges and a bearish trend.
As of 12-Nov, Integra Engineering India Ltd's stock is currently priced at 210.20, reflecting a decrease of 4.45, or 2.07%. The stock has been on a downward trend, having fallen for the last four consecutive days, resulting in a total decline of 13.41% during this period. Additionally, the stock has underperformed its sector by 2.05%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. While there has been a notable increase in investor participation, with delivery volume rising by 71.19% against the 5-day average, the overall performance remains weak, as evidenced by the stock's significant declines over the past week and month, with returns of -13.30% and -18.72%, respectively.In the broader market context, the stock's performance contrasts sharply with the benchmark Sensex, which has gained 1.21% over the past week and 2.38% over the past month. This stark difference highlights the stock's struggles relative to the overall market. Year-to-date, Integra Engineering has also underperformed the Sensex, which has increased by 8.10%, while the stock itself has declined by 12.09%. This underperformance in both short-term and year-to-date comparisons suggests that the stock is facing significant challenges, contributing to its recent price decline.
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