Why is Semac Construct falling/rising?
As of 13-Nov, Semac Construction Ltd's stock price is Rs 350.00, down 3.05%, and has underperformed its sector by 2.61%. The stock has shown significant volatility and declines over the past week and month, indicating a challenging environment for the company.
As of 13-Nov, Semac Construction Ltd is experiencing a decline in its stock price, currently at Rs 350.00, which represents a decrease of Rs 11.00 or 3.05%. The stock has underperformed its sector today by 2.61% and has been on a downward trend for the last two days, with a total return loss of 7.88% during this period. Additionally, the stock has shown significant volatility, with an intraday volatility of 5.3%, and it is trading below all its moving averages (5-day, 20-day, 50-day, 100-day, and 200-day). The stock's performance over the past week and month has also been poor, with declines of 13.26% and 26.82%, respectively, indicating a challenging environment for the company.In the broader market context, while Semac Construction Ltd has been struggling, the benchmark Sensex has shown positive returns, gaining 1.40% over the past week and 2.61% over the past month. This stark contrast highlights the stock's underperformance relative to the market. Despite a notable increase in investor participation, with delivery volume rising significantly, the overall sentiment appears negative, contributing to the stock's decline. The lack of available positive factors further emphasizes the challenges facing Semac Construction Ltd in the current market environment.
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