Why is Transvoy Logist. falling/rising?
As of 29-Aug, Transvoy Logistics India Ltd's stock price is Rs 133.00, up 1.26%, with a notable 73.04% gain over the last 12 days. Despite recent strong performance, the stock is down 37.98% year-to-date, indicating volatility and a potential recovery phase.
As of 29-Aug, Transvoy Logistics India Ltd is experiencing a price increase, with the current price at Rs 133.00, reflecting a rise of Rs 1.66 or 1.26%. The stock has shown strong performance recently, gaining 73.04% over the last 12 days and outperforming its sector by 2.17% today. Additionally, the stock has seen significant returns over the past week and month, with increases of 17.21% and 69.21%, respectively. The rising investor participation is notable, as the delivery volume on 28 August surged by 4400% compared to the 5-day average, indicating heightened interest and confidence among investors. However, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, while Transvoy Logistics has outperformed the Sensex in the short term, with a 1-week return of 17.21% compared to the Sensex's decline of 1.84%, it is important to note that the stock is down 37.98% year-to-date, while the Sensex has gained 2.14%. This contrast highlights the stock's volatility and potential recovery phase, as it has recently shown strong short-term gains despite its longer-term underperformance relative to the benchmark.
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