Why is TAC Infosec falling/rising?
As of 07-Aug, TAC Infosec Ltd's stock is priced at 878.55, down 2.73% and has underperformed significantly over the past month and year-to-date. Despite recent declines, there is increased investor interest with a 58.44% rise in delivery volume.
As of 07-Aug, TAC Infosec Ltd's stock is currently priced at 878.55, reflecting a decline of 24.7 points or 2.73%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 7.37% during this period. Today's trading activity indicates that the stock did not trade on three out of the last twenty days, and it reached an intraday low of Rs 860, which is a decrease of 4.79%. Additionally, TAC Infosec is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite this, there has been a notable increase in investor participation, with delivery volume rising by 58.44% against the 5-day average, suggesting some interest in the stock despite its recent declines. The positive and negative factors dashboard is unavailable for further insights.Broader market context shows that TAC Infosec's performance over the past week has been slightly better than the benchmark, with a decline of 0.52% compared to the Sensex's 0.70% drop. However, over the past month, TAC Infosec has significantly underperformed, with a decline of 20.12% against the Sensex's 3.40% decrease. Year-to-date, the stock has experienced a substantial drop of 33.91%, while the Sensex has gained 4.02%. This stark contrast highlights the challenges TAC Infosec is facing in the current market environment, contributing to its recent price decline.
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