Why is Timescan Logist. falling/rising?
As of 12-Sep, Timescan Logistics (India) Ltd is priced at 65.00, showing no change and a mixed performance with a 14.14% increase over the past month but a year-to-date decline of 4.06%. The stock is trading above its moving averages, yet a significant drop in investor participation and underperformance against the benchmark Sensex suggests caution among investors.
As of 12-Sep, Timescan Logistics (India) Ltd is currently priced at 65.00, with no change in price, reflecting a 0.00% movement. The stock has shown a mixed performance in recent periods, with a 14.14% increase over the past month, while it has declined by 4.06% year-to-date and 22.80% over the past year. Today's price summary indicates that Timescan Logistics is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend. However, there has been a significant drop in investor participation, with delivery volume falling by 85.29% against the 5-day average, which could indicate reduced interest in the stock. There are no positive or negative factors available to further explain the stock's recent movement.In the broader market context, Timescan Logistics' short-term performance over the past week is flat at 0.00%, while the benchmark Sensex has increased by 1.51% during the same period. This underperformance relative to the benchmark may contribute to investor concerns, especially given the stock's year-to-date decline compared to the Sensex's gain of 6.21%. Overall, while the stock has shown some recovery in the short term, the lack of investor participation and its relative performance against the benchmark suggest caution among investors.
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