Why is Tridev Infra. falling/rising?
As of 11-Sep, Tridev InfraEstates Ltd's stock price is at 7.55, reflecting a slight decline of 0.4%. Despite short-term gains, the stock has significantly underperformed over the past year, with a 36.39% decline, contrasting with the broader market's positive performance.
As of 11-Sep, Tridev InfraEstates Ltd is experiencing a slight decline in its stock price, currently at 7.55, which reflects a decrease of 0.03 or 0.4%. The stock's performance today is in line with its sector, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there is a notable drop in investor participation, with delivery volume on September 10 falling by 87.59% compared to the 5-day average. Over the past week, the stock has shown a positive return of 3.85%, but it has underperformed over the longer term, with a year-to-date decline of 24.27% and a one-year drop of 36.39%.In the broader market context, the Sensex has gained 1.03% over the past week and 4.36% year-to-date, indicating that while Tridev Infra is experiencing short-term gains, it is lagging behind the benchmark in the longer term. The stock's significant decline over the past year contrasts sharply with the Sensex's minimal change of 0.03%, suggesting that broader market conditions are not favoring Tridev Infra. The lack of positive factors in the dashboard further emphasizes the challenges the company faces in improving its stock performance amidst a generally positive market backdrop.
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