Why is Space Incubatric falling/rising?

Aug 29 2025 10:28 PM IST
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As of 29-Aug, Space Incubatrics Technologies Ltd's stock price is 2.03, down 4.69%, with significant declines over various time frames and underperformance compared to the Sensex. Despite a recent increase in trading interest, the stock's short-term struggles are notable, contrasting with its strong performance over the past year.
As of 29-Aug, Space Incubatrics Technologies Ltd is experiencing a decline in its stock price, currently at 2.03, which reflects a decrease of 0.1 or 4.69%. The stock has been underperforming, having lost 7.73% over the last two days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has shown a negative return of 8.56% over the past week and 3.33% over the past month, while it has a year-to-date decline of 11.35%. Despite these downturns, there has been a rise in investor participation, with delivery volume increasing by 30.66% against the 5-day average, indicating some interest in trading the stock.

In the broader market context, the Sensex has also shown a decline of 1.84% over the past week and 1.88% over the past month, suggesting that the market is facing challenges as well. However, Space Incubatrics' performance has been significantly worse than the benchmark, particularly in the short term. While the stock has outperformed the Sensex over the past year with a return of 75.00%, its recent performance indicates a stark contrast, highlighting that the stock's current struggles are more pronounced than those of the broader market.
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