Why is TD Power Systems falling/rising?
As of 08-Aug, TD Power Systems Ltd's stock price is Rs 473.55, down 6.74%, and has underperformed its sector by 5.43%. The stock has seen a total decline of 7.52% over the last two days, with reduced investor interest indicated by a 15.32% drop in delivery volume.
As of 08-Aug, TD Power Systems Ltd is experiencing a decline in its stock price, currently at Rs 473.55, which represents a decrease of Rs 34.25 or 6.74%. The stock has underperformed its sector by 5.43% today and has been on a downward trend for the last two days, accumulating a total loss of 7.52% during this period. Additionally, the stock touched an intraday low of Rs 467.05, indicating significant selling pressure. The recent performance metrics show that over the past week, the stock has declined by 5.55%, while it has shown a modest gain of 4.98% year-to-date and a substantial increase of 19.13% over the past year. However, there is no information available regarding positive or negative factors that could be influencing the stock's recent movement.In the broader market context, the stock's short-term performance has been notably weaker than the benchmark Sensex, which has only decreased by 0.92% over the past week. This underperformance is further highlighted by the falling investor participation, with a 15.32% drop in delivery volume compared to the five-day average, suggesting reduced interest from investors. While the stock remains liquid enough for trading, its current price movement reflects a challenging environment, both for the company and the market as a whole.
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