Why is IRB Infra. Trust falling/rising?
As of 05-Jun, IRB Infrastructure Trust's stock price is at 220.22, with no change and a consistent decline over the past eight weeks. Despite short-term challenges, the stock has outperformed the Sensex over the past year.
As of 05-Jun, IRB Infrastructure Trust's stock price is currently at 220.22, showing no change (0.00%). The stock has experienced a consistent decline, falling every week for the last eight weeks and generating 0% returns during this period. Additionally, it has also fallen every month for the last six weeks, maintaining the same 0% returns. The stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite this, there has been a rise in investor participation, with a delivery volume of 26.72 crore on June 13, which is stable compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.In the broader market context, the stock's performance over the past week is flat at 0.00%, while the benchmark Sensex has declined by 0.33%. Over the past month, the stock has also underperformed compared to the Sensex, which has gained 1.18%. Year-to-date, IRB Infrastructure Trust has not changed, while the Sensex has increased by 4.68%. However, over the past year, the stock has outperformed the benchmark, with a return of 9.62% compared to the Sensex's 9.42%. This suggests that while the stock is currently facing short-term challenges, it has shown resilience over a longer time frame.
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