Why is Servotech Renew falling/rising?

Aug 08 2025 11:03 PM IST
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As of 08-Aug, Servotech Renewable Power System Ltd's stock price is declining at 124.62, down 1.7%, and is trading below all major moving averages, indicating a bearish trend. The stock has underperformed significantly compared to the Sensex, with a year-to-date drop of 25.22% amidst negative investor sentiment.
As of 08-Aug, Servotech Renewable Power System Ltd is experiencing a decline in its stock price, currently at 124.62, which reflects a decrease of 2.15 or 1.7%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a rise in investor participation, with delivery volume increasing by 23.63% against the 5-day average, the stock has shown poor performance over various periods, including a 12.40% decline over the past month and a significant 25.22% drop year-to-date. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.

In the broader market context, Servotech's short-term performance has been notably worse than the benchmark Sensex, which has only declined by 0.82% over the past week compared to Servotech's 6.93% drop. This underperformance is further highlighted by the stock's year-to-date return of -25.22%, contrasting sharply with the Sensex's positive return of 3.04% during the same period. The significant disparity in returns suggests that investor sentiment towards Servotech is currently negative, contributing to the ongoing decline in its stock price.
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