Why is TV Vision falling/rising?
As of 13-Oct, TV Vision Ltd's stock price is declining at 6.44, down 4.02%, and has underperformed its sector by 3.59%. The stock is trading below all key moving averages and has seen a significant drop in delivery volume, indicating waning investor confidence and poor performance over the year.
As of 13-Oct, TV Vision Ltd is experiencing a decline in its stock price, currently at 6.44, reflecting a decrease of 0.27 or 4.02%. The stock has underperformed its sector by 3.59% today and has shown erratic trading patterns, not trading on one day out of the last 20. Additionally, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The delivery volume has also decreased significantly, falling by 23.94% compared to the 5-day average, indicating a drop in investor participation. The stock's performance over various periods has been poor, with a year-to-date decline of 69.68% and a one-year decline of 59.09%, further contributing to negative sentiment around the stock.In the broader market context, the Sensex has shown positive movement, with a 1-week return of 0.66% and a year-to-date return of 5.36%. In contrast, TV Vision's short-term performance over the past week has been a decline of 5.29%, highlighting its significant underperformance relative to the benchmark. This stark contrast between the stock's performance and that of the broader market suggests that investor confidence in TV Vision is waning, exacerbated by its recent trading patterns and declining participation.
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