Why is Techera Enginee. falling/rising?
As of 08-Sep, Techera Engineering India Ltd's stock price is at 186.20, down 4.49%, underperforming its sector and the benchmark Sensex. The stock has shown a decline over the past week and month, indicating weaker performance relative to the market.
As of 08-Sep, Techera Engineering India Ltd is experiencing a decline in its stock price, currently at 186.20, which reflects a decrease of 8.75 or 4.49%. The stock has underperformed its sector by 5.34% today, and its performance over the past week shows a decline of 4.83%, while the benchmark Sensex has increased by 0.60%. Additionally, the stock is currently trading higher than its 100-day and 200-day moving averages but lower than its 5-day, 20-day, and 50-day moving averages. There has been a rise in investor participation, with a delivery volume of 35.2k on September 5, which is up by 6.8% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, Techera's short-term performance has been notably weaker than the benchmark, as indicated by its 1-week return of -4.83% compared to the Sensex's gain of 0.60%. Over the past month, the stock has also declined by 3.12%, while the Sensex has risen by 1.68%. This trend suggests that the stock is not only underperforming relative to its sector but also lagging behind the overall market, which may contribute to investor sentiment and the stock's downward movement.
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