Why is Teerth Gopicon falling/rising?
As of 16-Sep, Teerth Gopicon Ltd's stock price is Rs. 55.00, down 5.01% and at a new all-time low, significantly underperforming its sector and trading below all key moving averages. Despite a 90.57% year-to-date decline, investor interest has increased, with delivery volume rising by 330.09% against the 5-day average.
As of 16-Sep, Teerth Gopicon Ltd's stock price is currently at Rs. 55.00, reflecting a decrease of Rs. 2.9, or 5.01%. The stock has hit a new 52-week and all-time low today. It has significantly underperformed its sector by 6.06% and is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has experienced a dramatic decline of 22.59%, and year-to-date, it has plummeted by 90.57%. Despite this, there has been a notable increase in investor participation, with delivery volume rising by 330.09% against the 5-day average, indicating some level of interest from investors.In the broader market context, the Sensex has shown resilience, gaining 1.49% over the past week and 6.74% year-to-date, contrasting sharply with Teerth Gopicon's significant declines. This stark difference highlights the stock's struggles relative to the overall market performance. The company's poor performance over various time frames, including a 48.21% drop over the past month and a 91.01% decline over the past year, further emphasizes its challenges in attracting investor confidence amidst a generally positive market environment.
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