Why is Tejas Cargo falling/rising?
As of 15-Sep, Tejas Cargo India Ltd is priced at 318.50 with no change, but has shown positive returns of +3.75% over the past week and +9.83% over the past month, indicating a generally upward trend despite today's underperformance against its sector. The stock's liquidity is favorable, and investor interest is increasing, as evidenced by a 200% rise in delivery volume compared to the 5-day average.
As of 15-Sep, Tejas Cargo India Ltd is currently priced at 318.50, showing no change (0.00%). The stock has demonstrated a positive trend over the past week and month, with returns of +3.75% and +9.83%, respectively. Despite today's performance indicating an underperformance against its sector by -2.38%, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally upward trend. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 200% compared to the 5-day average, indicating growing interest in the stock. However, there are no available positive or negative factors to further clarify the stock's recent movement.In the broader market context, Tejas Cargo's short-term performance has outpaced the benchmark Sensex, which has returned +1.20% over the past week and +1.78% over the past month. This indicates that while the stock is facing some challenges today, its overall performance in the short term remains strong compared to the broader market. The liquidity of the stock is also favorable, as it is liquid enough for trades of Rs 0.01 crore based on 2% of the 5-day average traded value.
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