Why is RDB Real Estate falling/rising?
As of 08-Aug, RDB Real Estate Construction Ltd's stock price is Rs 328.30, down 2.0% after a 20-day gain streak. Despite this decline, the stock has increased 5.75% over the past week and 50.80% over the past month, indicating strong performance relative to the market.
As of 08-Aug, RDB Real Estate Construction Ltd is experiencing a decline in its stock price, currently at Rs 328.30, which represents a decrease of Rs 6.7 or 2.0%. The stock has fallen after a notable 20-day streak of consecutive gains, opening today with a loss of 2%. It touched an intraday low of Rs 328.3 and has traded flat at this price throughout the day. Despite this decline, the stock is still performing well compared to its recent history, with a 5.75% increase over the past week and a substantial 50.80% rise over the past month. Additionally, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend prior to today's drop. There is also a notable increase in investor participation, with delivery volume rising by 91.57% against the 5-day average, suggesting strong interest despite the current price decline.In the broader market context, RDB Real Estate's recent performance contrasts sharply with the benchmark Sensex, which has seen a decline of 0.92% over the past week and 4.60% over the past month. This indicates that while the stock has outperformed the market in the short term, the recent pullback may be a natural correction after a significant rally. The stock's current price is just 2.33% away from its 52-week high, which may also contribute to profit-taking among investors. Overall, while the stock has shown strong returns recently, the current decline appears to be a result of a trend reversal after an extended period of gains, rather than a reflection of broader market weakness.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
