Why is Tejas Cargo falling/rising?

Jul 07 2025 10:51 PM IST
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As of 07-Jul, Tejas Cargo India Ltd's stock price is Rs 211.95, down 0.84%, but it has gained 4.41% over the past week and 26.16% over the past month, indicating a positive long-term trend despite a minor decline today. The stock is outperforming the Sensex significantly, reflecting strong investor confidence.
As of 07-Jul, Tejas Cargo India Ltd is experiencing a decline in its stock price, currently at Rs 211.95, which reflects a decrease of Rs 1.8 or 0.84%. Despite this drop, the stock has shown strong performance over the past week, with a return of 4.41%, and an impressive 26.16% increase over the past month. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. Additionally, there has been a rise in investor participation, with delivery volume increasing by 3.13% against the 5-day average. However, it is important to note that the stock has underperformed its sector by 0.69% today, which may contribute to the current price decline.

In the broader market context, the Sensex has shown a slight decline of 0.22% over the past week, while Tejas Cargo has outperformed this benchmark significantly. The stock's recent performance indicates a strong upward trend in the longer term, particularly with a 26.16% increase over the past month compared to the Sensex's 1.83% gain. This suggests that while the stock is facing a minor setback today, its overall trajectory remains positive relative to the market, reflecting investor confidence despite the current price drop.
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