Why is Transvoy Logist. falling/rising?
As of 27-Oct, Transvoy Logistics India Ltd's stock price is Rs 131.00, down 2.96%, and has underperformed its sector by 3.9%. Despite a 15.83% gain over the past month, it is down 38.91% year-to-date, with a significant drop in investor participation contributing to its recent decline.
As of 27-Oct, Transvoy Logistics India Ltd is experiencing a decline in its stock price, currently at Rs 131.00, which represents a decrease of 4.0 points or 2.96%. The stock has underperformed its sector by 3.9% today and opened with a loss, touching an intraday low of Rs 131. The stock's performance over the past week shows a decline of 5.07%, while it has gained 15.83% over the past month. However, year-to-date, the stock is down 38.91%, indicating significant long-term challenges. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 78.26% against the 5-day average, which may contribute to the stock's recent downward movement.In the broader market context, the Sensex has shown a positive return of 0.49% over the past week, contrasting with Transvoy's decline. This suggests that while the overall market is experiencing gains, Transvoy is struggling to keep pace. The stock's performance relative to the benchmark indicates a significant underperformance, particularly in the short term. The stock's moving averages indicate it is trading higher than the 5-day, 20-day, and 50-day averages but lower than the 100-day and 200-day averages, further highlighting its recent struggles in a generally positive market environment.
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