Why is Logica Infoway falling/rising?

Aug 20 2025 11:28 PM IST
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As of 20-Aug, Logica Infoway Ltd's stock price is at 201.45, down 3.15% and underperforming its sector. The stock has declined 19.42% over the past year, with a lack of positive developments contributing to its ongoing struggles.
As of 20-Aug, Logica Infoway Ltd's stock price is currently at 201.45, reflecting a decline of 6.55 points or 3.15%. The stock has been underperforming, having lost 5.63% over the last two days and showing a significant drop of 19.42% over the past year. Today's performance indicates that it has underperformed its sector by 4.91%. The stock's intraday low was Rs 201.1, and while it is trading above its 5-day and 20-day moving averages, it remains below its 50-day, 100-day, and 200-day moving averages. Additionally, there has been a decrease in investor participation, with delivery volume falling by 3.85% compared to the 5-day average.

In the broader market context, Logica Infoway's short-term performance over the past week shows a gain of 1.23%, which is lower than the Sensex's increase of 1.64%. However, the stock's longer-term performance has been poor, with a year-to-date decline of 8.41% compared to the Sensex's rise of 4.76%. This suggests that while the overall market has been performing well, Logica Infoway is struggling to keep pace, contributing to its recent price decline. The absence of any positive factors in the dashboard further indicates a lack of supportive news or developments that could help reverse the downward trend.
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