Why is Timescan Logist. falling/rising?
As of 15-Sep, Timescan Logistics (India) Ltd is priced at 65.00, showing a flat movement with a year-to-date return of -4.06%. Despite recent gains, the stock has underperformed its sector today and experienced a significant drop in investor participation.
As of 15-Sep, Timescan Logistics (India) Ltd is currently priced at 65.00, with no change in price, reflecting a flat movement of 0.00%. The stock has shown a strong performance over the past week, rising by 5.26%, and has also increased by 8.79% over the past month. However, it has underperformed its sector today by 2.38%, and there has been a significant decline in investor participation, with delivery volume dropping by 85.29% compared to the 5-day average. Additionally, while the stock is trading above its moving averages for 5, 20, 50, 100, and 200 days, it has a year-to-date return of -4.06%, indicating a struggle compared to the overall market.In the broader market context, Timescan Logistics has outperformed the Sensex over the past week and month, but it lags behind in year-to-date and one-year returns, with the Sensex gaining 6.02% year-to-date compared to the stock's decline. The stock's performance over the last three years shows a positive return of 28.46%, although this is significantly lower than the Sensex's 40.23% increase. The liquidity of the stock is deemed sufficient for trading, but the falling delivery volumes may indicate waning investor interest, which could impact future price movements.
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