Why is Tridev Infra. falling/rising?
As of 18-Sep, Tridev InfraEstates Ltd's stock price is declining at 6.99, down 5.54% today and 29.89% year-to-date, with increased investor participation despite ongoing underperformance compared to the Sensex. The stock has shown a consistent downward trend, accumulating a total loss of 6.68% over the last two days and 7.42% over the past week.
As of 18-Sep, Tridev InfraEstates Ltd is experiencing a decline in its stock price, currently at 6.99, which reflects a decrease of 0.41 or 5.54%. The stock has underperformed its sector by 4.78% today and has been on a downward trend for the last two days, accumulating a total loss of 6.68%. Over the past week, the stock has decreased by 7.42%, and it has shown significant declines over longer periods, with a year-to-date drop of 29.89% and a one-year decline of 37.48%. Despite these negative movements, there has been a rise in investor participation, with delivery volume increasing by 29.94% compared to the five-day average, indicating some interest in trading the stock. Unfortunately, there is no information available regarding positive or negative factors that could have influenced the stock's recent performance.In the broader market context, the stock's short-term performance has been notably weaker than the benchmark index, the Sensex, which has gained 1.80% over the past week. This stark contrast highlights the stock's struggles, particularly as it has consistently underperformed against the benchmark across various time frames, including a 12.19% decline over the past month compared to a 2.14% increase in the Sensex. The significant gap between the stock's performance and that of the benchmark suggests that market sentiment is unfavorable towards Tridev InfraEstates Ltd at this time.
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