Why is Tulsyan NEC falling/rising?
As of 19-Nov, Tulsyan NEC Ltd's stock price is Rs 35.30, down 4.72% today and significantly underperforming its sector. The stock has declined 12.62% over the past week and 49.86% year-to-date, indicating ongoing volatility and poor investor participation.
As of 19-Nov, Tulsyan NEC Ltd's stock price is currently at Rs 35.30, reflecting a decrease of Rs 1.75 or 4.72%. The stock has underperformed its sector by 4.91% today, despite opening with a gain of 4.97% and reaching an intraday high of Rs 38.89. However, it also touched a low of Rs 35.22, indicating significant volatility. Over the past week, the stock has declined by 12.62%, and its year-to-date performance shows a substantial drop of 49.86%. Additionally, the stock is trading below all key moving averages, and there has been a notable decline in investor participation, with delivery volume falling by 68.24% against the five-day average.In the broader market context, the Sensex has shown a positive return of 0.85% over the past week, contrasting sharply with Tulsyan NEC's significant decline. This disparity highlights the stock's poor performance relative to the benchmark index. The overall market appears to be stable or rising, while Tulsyan NEC continues to struggle, as evidenced by its substantial year-to-date and one-year losses of 49.86% and 53.61%, respectively. The lack of positive factors in the provided data further emphasizes the challenges the company is facing in the current market environment.
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