Why is PS IT Infra falling/rising?
As of 22-Sep, PS IT Infrastructure & Services Ltd's stock price is 1.77, down 1.67%, with a significant year-to-date decline of 45.37%. The stock has underperformed its sector and the broader market, indicating weak investor sentiment and participation.
As of 22-Sep, PS IT Infrastructure & Services Ltd is experiencing a decline in its stock price, currently at 1.77, which reflects a decrease of 0.03 or 1.67%. The stock has been underperforming, having lost 6.35% over the last four days, and it has also underperformed its sector by 1.43% today. The stock's performance over the past week shows a significant decline of 4.84%, and year-to-date, it has dropped by 45.37%. Additionally, the delivery volume has decreased by 71.22% compared to the 5-day average, indicating falling investor participation. There is no information available regarding positive or negative factors impacting the stock.Broader Market Context: In comparison to the benchmark, the Sensex has shown a positive return of 0.46% over the past week, while PS IT Infrastructure & Services Ltd has declined. This stark contrast highlights the stock's struggles relative to the broader market, especially considering that the Sensex has gained 5.15% year-to-date, while the company's stock has significantly underperformed. The overall market context suggests that investor sentiment may be favoring other stocks, contributing to the downward pressure on PS IT Infrastructure & Services Ltd's price.
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