Why is Tejas Cargo falling/rising?

Sep 24 2025 12:18 AM IST
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As of 23-Sep, Tejas Cargo India Ltd's stock price is 301.95, down 1.0%, with a significant drop in delivery volume by 79.73%. Despite a positive return of 1.67% over the past month, it has underperformed its sector and benchmark index, indicating a negative market sentiment.
As of 23-Sep, Tejas Cargo India Ltd is experiencing a decline in its stock price, currently at 301.95, which reflects a decrease of 3.05 or 1.0%. The stock has underperformed its sector by 1.17% today, and its delivery volume has significantly dropped by 79.73% compared to the 5-day average, indicating falling investor participation. While the stock has performed positively over the past month with a return of 1.67%, it has seen a decline of 5.20% over the past week, contrasting with the Sensex, which has only decreased by 0.28% in the same timeframe. The stock is currently trading higher than its 50-day, 100-day, and 200-day moving averages, but lower than its 5-day and 20-day moving averages, suggesting mixed signals regarding its recent performance.

Broader market context shows that while Tejas Cargo has had a positive return over the last month, it has not kept pace with the benchmark index, which has gained 1.20% in the same period. The overall market sentiment appears to be slightly negative, as indicated by the stock's underperformance relative to the sector and the significant drop in trading volume. This combination of factors, including lower investor engagement and a recent decline in price, contributes to the stock's current downward trajectory.
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