Why is TGV Sraac falling/rising?
As of 13-Nov, TGV Sraac Ltd's stock price is Rs 112.80, down 1.83% and has declined 4.12% over the last three days. Despite a long-term gain of 402.45% over five years, recent performance has lagged behind the broader market, contributing to a bearish trend.
As of 13-Nov, TGV Sraac Ltd is experiencing a decline in its stock price, currently at Rs 112.80, which reflects a decrease of Rs 2.1 or 1.83%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 4.12% during this period. Additionally, the stock has underperformed its sector by 0.86% today. In terms of returns, the stock has seen a decrease of 2.88% over the past week and 5.09% over the past month, while it has shown a modest gain of 5.08% year-to-date. The stock's performance is also characterized by a significant drop to an intraday low of Rs 108.3, indicating volatility. Although the stock is trading above its 200-day moving average, it is below its shorter-term moving averages, suggesting a bearish trend. Notably, there has been a rise in investor participation, with delivery volume increasing by 176.29% against the five-day average, indicating some interest despite the price decline.Broader market context shows that TGV Sraac's recent performance contrasts sharply with the benchmark Sensex, which has gained 1.40% over the past week and 2.61% over the past month. This disparity highlights the stock's struggle in a generally positive market environment. While the stock has performed well over the long term, with a 402.45% increase over the past five years, its recent short-term performance has not kept pace with the broader market, which may be contributing to investor sentiment and the current price decline. The lack of available positive or negative dashboard factors limits further analysis of specific influences on the stock's recent movement.
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