Why is Shigan Quantum falling/rising?

Sep 19 2025 11:29 PM IST
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As of 19-Sep, Shigan Quantum Technologies Ltd is priced at 67.00, up 4.36% today, but has declined significantly over the past week and month, with returns of -5.63% and -17.28%. The stock is trading below all key moving averages and has seen a sharp drop in investor participation, indicating a bearish trend.
As of 19-Sep, Shigan Quantum Technologies Ltd is currently priced at 67.00, reflecting an increase of 2.8, or 4.36%. Despite this positive movement today, the stock has shown a significant decline over the past week and month, with returns of -5.63% and -17.28%, respectively. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 88.37% compared to the 5-day average. There is no information available regarding positive or negative factors that could influence the stock's recent movement.

In the broader market context, the stock's performance has underperformed compared to the Sensex, which has gained 0.85% over the past week while Shigan Quantum has declined. Year-to-date, the stock has fallen by 40.71%, contrasting sharply with the Sensex's increase of 7.11%. This stark difference highlights the challenges faced by Shigan Quantum in the current market environment, despite today's uptick in price.
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