Why is Tridev Infra. falling/rising?
As of 10-Sep, Tridev InfraEstates Ltd is priced at 7.58 with no change, having outperformed its sector by 0.39% today. Despite a recent 4.41% increase over the past week, the stock has declined 23.97% year-to-date, contrasting with the Sensex's gains, indicating ongoing struggles in a positive market.
As of 10-Sep, Tridev InfraEstates Ltd is currently priced at 7.58, showing no change (0.00%). The stock has outperformed its sector by 0.39% today, and it is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a significant decline in investor participation, with delivery volume dropping by 98.53% compared to the 5-day average. Over the past week, the stock has increased by 4.41%, but it has seen a decline of 1.94% over the past month and a substantial year-to-date drop of 23.97%. 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, Tridev Infra's recent performance contrasts with the benchmark Sensex, which has gained 1.06% over the past week and 1.96% over the past month. While the stock has shown some short-term resilience, its longer-term performance remains concerning, with a year-to-date decline of 23.97% compared to the Sensex's gain of 4.21%. This suggests that despite a brief uptick, the stock is struggling to maintain momentum in a generally positive market environment.
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