Why is Pratham EPC falling/rising?
As of 19-Sep, Pratham EPC Projects Ltd's stock price is Rs 140.20, down 2.44%, and underperforming its sector. The stock is trading below key moving averages and is near its 52-week low, reflecting a significant decline of 29.81% year-to-date and 45.43% over the past year, amid decreasing investor interest.
As of 19-Sep, Pratham EPC Projects Ltd is experiencing a decline in its stock price, currently at Rs 140.20, which represents a decrease of Rs 3.5 or 2.44%. The stock has underperformed its sector by 2.3% today and is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, the stock is close to its 52-week low, being only 3.71% away from Rs 135. Over the past week, the stock has decreased by 0.92%, and it has seen a significant decline of 29.81% year-to-date and 45.43% over the past year, indicating a persistent downward trend without any positive factors reported to counterbalance this performance.In the broader market context, the Sensex has shown a positive return of 0.85% over the past week and a 1.39% increase over the past month, contrasting sharply with Pratham EPC's negative returns. This divergence suggests that while the overall market is experiencing growth, Pratham EPC is struggling significantly. Furthermore, the falling investor participation, as indicated by a 7.14% decrease in delivery volume compared to the 5-day average, points to a lack of interest from investors, which may further contribute to the stock's downward pressure.
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