Why is Trishakti Indus falling/rising?
As of 15-Oct, Trishakti Industries Ltd's stock price is declining at 149.30, down 0.4%, and has lost 6.07% over the last four days. The stock is underperforming compared to the broader market, with a year-to-date decline of 14.27%, despite a recent increase in delivery volume.
As of 15-Oct, Trishakti Industries Ltd is experiencing a decline in its stock price, currently at 149.30, reflecting a decrease of 0.6 or 0.4%. The stock has been underperforming, having lost 6.07% over the last four days, and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has shown a year-to-date decline of 14.27%, despite a positive return of 5.18% over the past year. While there has been a notable increase in delivery volume, rising by 53.59% against the 5-day average, there are no positive or negative factors available to further explain the stock's recent movement.Broader market context indicates that the finance/NBFC sector has gained by 2.16%, contrasting with Trishakti Industries' performance. Over the past week, the stock has underperformed the benchmark Sensex, which has increased by 1.02%, highlighting a significant divergence in performance. This underperformance in both the short-term and year-to-date comparisons suggests that Trishakti Industries is facing challenges that are not reflected in the broader market's positive trends.
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