Why is Timescan Logist. falling/rising?
As of 04-Sep, Timescan Logistics (India) Ltd's stock price is 65.00, down 0.99%, with increased investor participation despite a year-to-date decline of 4.06%. The stock has shown positive returns over the past month and three years, but its recent performance contrasts with the benchmark Sensex.
As of 04-Sep, Timescan Logistics (India) Ltd is experiencing a decline in its stock price, currently at 65.00, reflecting a decrease of 0.65 or 0.99%. The stock's performance today is in line with its sector, and it is trading higher than its 20-day, 50-day, 100-day, and 200-day moving averages, although it is lower than the 5-day moving average. Notably, there has been a significant increase in investor participation, with delivery volume rising by 517.65% against the 5-day average. Over the past week, the stock has decreased by 0.99%, while it has shown a positive return of 8.15% over the past month. However, year-to-date, the stock is down 4.06%, contrasting with a 4.61% gain in the benchmark Sensex.In the broader market context, the stock's recent decline is notable when compared to the Sensex, which has gained 0.95% over the past week. While Timescan Logistics has performed well over the last three years with a return of 52.05%, its year-over-year performance shows a decline of 7.34%, indicating a challenging environment despite some positive short-term trends. The lack of specific positive or negative factors in the dashboard limits the understanding of the underlying reasons for the stock's current movement, but the rising investor participation suggests some interest in the stock despite its recent price drop.
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