Why is Schneider Elect. falling/rising?
As of 19-Aug, Schneider Electric Infrastructure Ltd's stock price is at 847.50, down 3.02% today and 6.55% over the past month, despite a strong long-term performance. The recent drop in delivery volume and underperformance compared to the sector suggest declining investor interest.
As of 19-Aug, Schneider Electric Infrastructure Ltd's stock price is currently at 847.50, reflecting a decrease of 26.35, or 3.02%. The stock has underperformed its sector today by 3.03%, with an intraday low of Rs 843, marking a decline of 3.53%. Over the past week, the stock has shown a slight increase of 0.22%, but it has experienced a more significant drop of 6.55% over the past month. Despite a strong long-term performance, with a remarkable 606.84% increase over the last three years, the recent fall in delivery volume by 52.61% against the five-day average indicates a decline in investor participation, which may be contributing to the current price drop.In the broader market context, the Sensex has risen by 1.76% over the past week, contrasting with Schneider Electric's modest gain. This suggests that while the overall market is performing well, Schneider Electric is lagging behind. The company's high management efficiency and consistent returns over the last three years, including a 4.41% return in the past year, indicate strong fundamentals. However, the stock's current position below its shorter-term moving averages and the significant drop in trading volume may be causing investors to reassess their positions, leading to the recent decline in price.
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