Why is Transvoy Logist. falling/rising?
As of 10-Sep, Transvoy Logistics India Ltd's stock price is Rs 130.20, down 3.34%, underperforming its sector and showing a significant decline in investor participation. Despite a recent monthly gain of 69.40%, the stock has decreased by 8.15% over the past week and 39.29% year-to-date, indicating ongoing struggles in the market.
As of 10-Sep, Transvoy Logistics India Ltd is experiencing a decline in its stock price, currently at Rs 130.20, which reflects a decrease of Rs 4.5 or 3.34%. The stock has underperformed its sector by 3.68% today and opened with a loss of 3.27%. It touched an intraday low of Rs 130.20 and has shown erratic trading patterns, not trading on one day out of the last twenty. Additionally, the delivery volume has significantly decreased by 80.77% compared to the five-day average, indicating falling investor participation. Over the past week, the stock has decreased by 8.15%, and its year-to-date performance shows a decline of 39.29%, with a one-year return of -47.29%.In the broader market context, the Sensex has increased by 1.06% over the past week and 4.21% year-to-date, contrasting sharply with Transvoy's negative returns. This suggests that while the overall market is performing positively, Transvoy is lagging significantly behind, contributing to its declining stock price. The stock's performance over the last month has been notably better, with a gain of 69.40%, but the recent downward trend indicates a loss of momentum. The stock's moving averages show it is higher than the 20-day and 50-day averages but lower than the 5-day, 100-day, and 200-day averages, further illustrating its recent struggles in the market.
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