Why is Techknowgreen falling/rising?
As of 17-Sep, Techknowgreen Solutions Ltd's stock price is Rs 176.05, up 4.98% today, with strong short-term performance but down 26.95% year-to-date. Despite recent gains, its long-term performance remains weak compared to the broader market.
As of 17-Sep, Techknowgreen Solutions Ltd is experiencing a price increase, with its current price at Rs 176.05, reflecting a rise of 8.35 or 4.98%. The stock has shown strong performance today, outperforming its sector by 4.33% and achieving consecutive gains over the last three days, resulting in a total return of 12.85% during this period. Additionally, the stock has seen a significant increase in delivery volume, rising by 214.81% against the 5-day average, indicating rising investor participation. However, it is important to note that the stock is still down 26.95% year-to-date and 33.57% over the past year, suggesting that while there is a positive short-term movement, the long-term performance remains weak.In the broader market context, Techknowgreen's short-term return of 9.28% over the past week significantly outpaces the Sensex, which has only gained 1.56% in the same timeframe. This indicates that the stock is currently performing well relative to the overall market. However, despite this recent uptick, the stock's year-to-date performance remains considerably lower than the Sensex's gain of 5.83%, highlighting a stark contrast between its recent recovery and its longer-term struggles.
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