Why is Timescan Logist. falling/rising?

Jun 23 2025 10:50 PM IST
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As of 23-Jun, Timescan Logistics (India) Ltd is currently priced at 63.45, reflecting a 4.96% increase and strong short-term performance, but faces concerns due to a 70% drop in delivery volume compared to the 5-day average. Despite outperforming the Sensex recently, the stock has a year-to-date decline of 6.35%, indicating potential volatility ahead.
As of 23-Jun, Timescan Logistics (India) Ltd is experiencing a price increase, currently at 63.45, reflecting a rise of 3.0 or 4.96%. The stock has shown strong performance today, outperforming its sector by 5.28%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Over the past week, the stock has gained 5.22%, and in the last month, it has surged by 41.00%. However, there is a notable decline in investor participation, with delivery volume dropping by 70% compared to the 5-day average, which may raise concerns about sustainability in this upward movement.

In the broader market context, Timescan Logistics has significantly outperformed the Sensex over the past week and month, with the benchmark index only showing a 0.10% increase in the last week and 0.48% in the last month. Despite this strong short-term performance, the stock has a year-to-date decline of 6.35%, while the Sensex has gained 5.61% during the same period. This contrast highlights the stock's volatility and potential challenges ahead, especially given the falling investor participation, which could impact future price movements.
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