Why is Tridev Infra. falling/rising?
As of 24-Sep, Tridev InfraEstates Ltd's stock price is 7.15, up 4.99%, but it has underperformed the market recently with a year-to-date decline of 28.28%. Despite a 1-month increase of 9.83%, a significant drop in delivery volume indicates reduced investor interest.
As of 24-Sep, Tridev InfraEstates Ltd is experiencing a price increase, with its current price at 7.15, reflecting a change of 0.34 or 4.99% upward. The stock has shown a mixed performance in recent periods, with a 1-week decline of 3.38% but a notable 1-month increase of 9.83%. Today's performance indicates that it has outperformed its sector by 5.18%. However, the stock's delivery volume has decreased significantly, falling by 38.61% against the 5-day average, which suggests a decline in investor participation. The stock is currently trading above its 20-day and 100-day moving averages, although it remains below its 5-day, 50-day, and 200-day moving averages. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.Broader Market Context: In comparison to the benchmark, the Sensex has shown a decline of 1.18% over the past week, while Tridev InfraEstates Ltd has decreased by 3.38% in the same timeframe, indicating that the stock has underperformed relative to the broader market recently. However, over the past month, the stock has outperformed the Sensex, which only increased by 0.50%. Year-to-date, Tridev has seen a significant decline of 28.28%, contrasting with the Sensex's gain of 4.58%, highlighting the stock's struggles in the longer term despite some recent positive movements.
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