Why is Timescan Logist. falling/rising?
As of 17-Jul, Timescan Logistics (India) Ltd's stock price is declining at 56.65, down 4.95%, with a year-to-date drop of 16.38%, contrasting with the Sensex's gain of 6.20%. The stock has underperformed its sector and shows mixed short-term momentum, indicating a challenging environment.
As of 17-Jul, Timescan Logistics (India) Ltd is experiencing a decline in its stock price, currently at 56.65, which reflects a decrease of 2.95 or 4.95%. The stock has underperformed its sector by 5.5% today, and its delivery volume has fallen by 23.08% compared to the 5-day average, indicating a decrease in investor participation. Over the past week, the stock has dropped by 9.65%, and year-to-date, it has decreased by 16.38%, contrasting sharply with the Sensex, which has gained 6.20% during the same period. The stock is currently trading higher than its 50-day and 100-day moving averages but lower than its 5-day, 20-day, and 200-day moving averages, suggesting mixed short-term momentum.In the broader market context, the stock's recent performance has been significantly weaker than the benchmark, as evidenced by its 1-week return of -9.65% compared to the Sensex's -0.96%. This underperformance is further highlighted by the stock's year-to-date decline of 16.38% against the Sensex's positive return of 6.20%. The lack of available positive or negative factors in the dashboard limits the analysis of specific influences on the stock's movement, but the overall trend indicates a challenging environment for Timescan Logistics amidst a generally more favorable market backdrop.
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