Why is Relic Tech. falling/rising?

Jun 26 2025 10:23 PM IST
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As of 26-Jun, Relic Technologies Ltd is priced at 74.00, down 0.26%, and has underperformed its sector by 1.59%. Despite strong long-term returns, recent short-term performance is lagging behind the broader market, potentially affecting investor sentiment.
As of 26-Jun, Relic Technologies Ltd is currently priced at 74.00, reflecting a decrease of 0.19, or 0.26%. The stock has underperformed its sector today by 1.59%. However, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend in the longer term. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 47.52% compared to the 5-day average. The stock has shown impressive returns over various periods, including a year-to-date increase of 219.93% and a one-year increase of 394.32%. Unfortunately, there is no specific information available regarding positive or negative factors impacting the stock.

In the broader market context, Relic Technologies Ltd's short-term performance over the past week shows a gain of 0.82%, which is significantly lower than the Sensex's increase of 2.94% during the same period. This underperformance may contribute to the stock's current decline, as it contrasts with the overall market trend. Despite its strong long-term returns, the recent price movement suggests that market conditions and sector performance may be influencing investor sentiment negatively in the short term.
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