Why is Relic Tech. falling/rising?
As of 04-Aug, Relic Technologies Ltd's stock price is Rs 79.96, down 2.0%, reflecting a recent decline amid concerns over operating losses and negative EBITDA. Despite strong long-term performance, the stock has underperformed its sector and experienced a significant drop in investor participation.
As of 04-Aug, Relic Technologies Ltd is experiencing a decline in its stock price, currently at Rs 79.96, which reflects a decrease of 1.63 or 2.0%. The stock has underperformed its sector by 3.62% today and has been on a consecutive downward trend for the last two days, accumulating a total decline of 3.95%. Despite a strong year-to-date performance of 245.70% and a remarkable 419.56% increase over the past year, recent financial results have raised concerns, with operating losses and a negative EBITDA indicating weak long-term fundamental strength. The stock's delivery volume has also plummeted by nearly 98%, suggesting a significant drop in investor participation.In the broader market context, while the Sensex has shown a slight gain of 0.16% over the past week, Relic Technologies Ltd has seen a decline of 5.82% during the same period. This stark contrast highlights the stock's recent struggles despite its impressive long-term performance. The overall market has generated negative returns of 2.34% in the last year, yet Relic Technologies has managed to outperform significantly. However, the combination of poor quarterly results, a high operating loss rate, and declining investor interest has contributed to the stock's current downward trajectory.
{{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
