Why is Techera Enginee. falling/rising?

Aug 07 2025 11:52 PM IST
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As of 07-Aug, Techera Engineering India Ltd is priced at Rs 197.75, down 2.56% and underperforming its sector. The stock has shown weak short-term performance, with significant declines in trading volume and a bearish trend indicated by its moving averages.
As of 07-Aug, Techera Engineering India Ltd is currently priced at Rs 197.75, reflecting a decrease of Rs 5.2, or 2.56%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 3.3% during this period. Additionally, the stock's performance today has underperformed its sector by 1.18%. The stock has also shown erratic trading patterns, not trading on three out of the last twenty days, and has experienced a significant drop in delivery volume, which fell by 73.33% compared to the five-day average. While the stock is trading above its 100-day and 200-day moving averages, it remains below the shorter-term moving averages of 5-day, 20-day, and 50-day, indicating a potential bearish trend. There is no information available regarding positive or negative factors affecting the stock.

Broader market context indicates that Techera's short-term performance has been weaker than the benchmark, with a one-week return of -2.44% compared to the Sensex's decline of only -0.70%. Over the past month, Techera has also underperformed, with a return of -1.15% against the Sensex's -3.40%. Despite a year-to-date return of +2.46%, which is lower than the Sensex's +4.02%, the recent trends suggest a challenging environment for the stock, particularly in the short term.
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