Why is Pratham EPC falling/rising?
As of 15-Jul, Pratham EPC Projects Ltd is priced at 146.00, down 1.88% and underperforming its sector. The stock has seen significant declines year-to-date and over the past month, indicating negative investor sentiment amidst a rising market.
As of 15-Jul, Pratham EPC Projects Ltd is currently priced at 146.00, reflecting a decline of 2.8, or 1.88%. The stock has underperformed its sector by 2.11% today, and while it is higher than its 5-day moving average, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume on 14 July falling by 88.1% compared to the 5-day average. In terms of returns, the stock has seen a 3.73% increase over the past week, but it has declined by 3.76% over the past month and a substantial 26.91% year-to-date, indicating a longer-term downward trend.Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.93% over the past month and 6.56% year-to-date, Pratham EPC's performance has been notably weaker. The stock's year-to-date decline of 26.91% and a staggering 54.91% drop over the past year further highlight its struggles against a backdrop of a generally rising market. This disparity suggests that investor sentiment towards Pratham EPC is currently negative, contributing to its falling stock price amidst a more favorable market environment.
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