Why is The Hi-Tech Gear falling/rising?
As of 08-Aug, The Hi-Tech Gears Ltd's stock price is Rs 673.00, down 2.6%, with a year-to-date decline of 15.77%. The stock has significantly underperformed the Sensex and shows a sharp drop in delivery volume, indicating bearish trends and investor concern.
As of 08-Aug, The Hi-Tech Gears Ltd's stock price is currently at Rs 673.00, reflecting a decline of Rs 18.0 or 2.6%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 3.18% during this period. Over the past week, the stock has decreased by 4.90%, and it has shown a significant drop of 15.77% year-to-date. Additionally, the stock's delivery volume has plummeted by 99.55% compared to the 5-day average, indicating a sharp decline in investor participation. The stock is trading below several moving averages, which may suggest a bearish trend, although it remains higher than the 100-day moving average.In the broader market context, The Hi-Tech Gears Ltd has underperformed the Sensex, which has only declined by 0.92% over the past week. The stock's year-to-date performance is notably worse than the benchmark, with a 15.77% drop compared to the Sensex's gain of 2.20%. This stark contrast highlights the stock's struggles relative to the overall market. While the stock has shown impressive long-term returns over 3 and 5 years, the recent performance indicates a troubling trend that may be causing investor concern and contributing to the stock's current decline.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
