Why is PS IT Infra falling/rising?

Jun 23 2025 09:03 PM IST
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As of 23-Jun, PS IT Infrastructure & Services Ltd's stock price is Rs. 0.95, marking a 1.04% decline and hitting a new all-time low. The stock has fallen 17.39% over the last 11 days and 93.60% over the past year, reflecting significant challenges and a lack of investor confidence.
As of 23-Jun, PS IT Infrastructure & Services Ltd is experiencing a decline in its stock price, currently at Rs. 0.95, which reflects a decrease of Rs. 0.01 or 1.04%. The stock has hit a new 52-week and all-time low today, and it has been on a consecutive downward trend for the last 11 days, resulting in a total decline of 17.39% during this period. Additionally, the stock has underperformed its sector by 3.79% today. Over the past week, the stock has dropped by 6.86%, and it has seen a staggering decline of 93.60% over the past year, indicating significant challenges for the company. 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 contrasts sharply with the benchmark Sensex, which has gained 0.12% over the past week and 4.81% year-to-date. While the Sensex has shown resilience, PS IT Infrastructure has struggled significantly, with a year-to-date decline of 70.68%. The falling investor participation, evidenced by a drastic drop in delivery volume, further highlights the lack of confidence in the stock, as it has decreased by nearly 90% against the five-day average. This combination of poor performance relative to the market and dwindling investor interest contributes to the ongoing decline in PS IT Infrastructure's stock price.
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