Why is Integra Engg. falling/rising?
As of 19-Nov, Integra Engineering India Ltd's stock price is Rs. 196.00, down 2.15%, and has reached a 52-week low of Rs. 190.8 after nine consecutive days of decline. The stock is underperforming the market significantly, with a year-to-date decline of 18.03% compared to the benchmark's 9.02% rise.
As of 19-Nov, Integra Engineering India Ltd is experiencing a decline in its stock price, currently at Rs. 196.00, which reflects a decrease of Rs. 4.3 or 2.15%. The stock has hit a new 52-week low of Rs. 190.8 today and has been on a downward trend, losing value for the last nine consecutive days, resulting in a total decline of 19.26% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained bearish sentiment. While there has been a rise in investor participation with a 16.04% increase in delivery volume, the overall performance has underperformed the sector by 2.48%. 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, the stock's short-term performance has been notably poor, with a 1-week return of -6.76%, contrasting sharply with the Sensex, which has gained 0.85% over the same period. This underperformance is further highlighted by the stock's 1-month return of -19.39% compared to the Sensex's 1.47% increase, and a year-to-date decline of 18.03% against the benchmark's 9.02% rise. The significant disparity in returns suggests that the stock is not only struggling in isolation but is also lagging behind the overall market performance, contributing to a negative outlook for investors.
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