Why is Techknowgreen falling/rising?

Sep 29 2025 11:48 PM IST
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As of 29-Sep, Techknowgreen Solutions Ltd's stock price is Rs 161.80, down 1.94%, and has declined 14.68% over the last six days. The stock is underperforming significantly against benchmarks, with a year-to-date drop of 32.86%, and is trading below all major moving averages, indicating a bearish trend.
As of 29-Sep, Techknowgreen Solutions Ltd is experiencing a decline in its stock price, currently at Rs 161.80, which represents a decrease of Rs 3.2 or 1.94%. The stock has been underperforming significantly, having fallen for the last six consecutive days, resulting in a total drop of 14.68% during this period. Additionally, the stock opened with a loss of 2.73% today and reached an intraday low of Rs 159, marking a decline of 3.64%. In terms of performance against benchmarks, Techknowgreen has shown a negative trend with a year-to-date decline of 32.86%, while the Sensex has increased by 2.85% in the same timeframe. The stock is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.

Broader Market Context: In the short term, Techknowgreen's performance has been notably worse than the benchmark, with a weekly return of -10.21% compared to the Sensex's -2.18%. This stark contrast highlights the stock's struggle in a broader market context, where it has consistently underperformed not only against the Sensex but also against its sector, as indicated by its performance today, which was 1.88% lower than the sector average. The falling investor participation, evidenced by a significant drop in delivery volume, further suggests a lack of confidence among investors, contributing to the stock's downward trajectory.
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