Why is Trescon falling/rising?

Jun 06 2025 02:30 PM IST
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As of 05-June, Trescon Ltd's stock price is at 10.50, down 1.78%, and has declined 3.67% over the last three days. The stock is underperforming the market, with a year-to-date drop of 27.44% compared to the Sensex's gain of 4.23%.
As of 05-June, Trescon Ltd's stock price is currently at 10.50, reflecting a decline of 0.19, or 1.78%. The stock has been experiencing a downward trend, having lost value for the last three consecutive days, resulting in a total decline of 3.67% during this period. Additionally, Trescon is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. The delivery volume has also significantly decreased, with a drop of 71.91% compared to the 5-day average, suggesting a lack of investor interest. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.

In the broader market context, Trescon's performance over the past week shows a decline of 4.55%, while the benchmark Sensex has only fallen by 0.23%, indicating that Trescon is underperforming relative to the market. Over the past year, Trescon's stock has decreased by 34.78%, contrasting sharply with the Sensex's increase of 9.49%. This significant underperformance over various time frames, including a year-to-date decline of 27.44% compared to the Sensex's gain of 4.23%, highlights the challenges Trescon is facing in the current market environment.
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