Why is Teerth Gopicon falling/rising?
As of 18-Sep, Teerth Gopicon Ltd's stock price has declined to Rs. 49.65, marking a 4.98% drop and a new all-time low. The stock has significantly underperformed its sector and the broader market, with a year-to-date decline of 91.49%.
As of 18-Sep, Teerth Gopicon Ltd is experiencing a decline in its stock price, currently at Rs. 49.65, which represents a decrease of 2.6 or 4.98%. The stock has hit a new 52-week and all-time low today, indicating significant downward pressure. It has underperformed its sector by 5.04% and is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 71.16% compared to the 5-day average. The stock's performance over the past week shows a staggering decline of 22.60%, and year-to-date, it is down 91.49%, which highlights a severe downturn compared to the Sensex, which has gained 7.52% in the same period.In the broader market context, Teerth Gopicon's recent performance starkly contrasts with the benchmark Sensex, which has shown resilience with a 1.67% increase over the past week and a 2.20% increase over the past month. This divergence suggests that while the overall market is experiencing growth, Teerth Gopicon is facing significant challenges that are driving its stock price lower. The lack of positive factors in the dashboard further emphasizes the stock's struggles, as there are no mitigating circumstances reported that could support a recovery in its price.
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