Why is VVIP Infratech falling/rising?
As of 24-Jun, VVIP Infratech Ltd's stock price is at 193.70, showing a 1.95% increase after three days of decline, but it has underperformed over the past week, month, and year-to-date. Despite today's gains and increased delivery volume, the stock remains weaker than the broader market trends.
As of 24-Jun, VVIP Infratech Ltd's stock price is currently at 193.70, reflecting an increase of 3.7, or 1.95%. The stock has shown a trend reversal, gaining after three consecutive days of decline. Additionally, it has outperformed its sector by 1.61% today. The stock's delivery volume has also increased by 4.84% compared to the 5-day average, indicating rising investor participation. However, despite today's positive movement, the stock has underperformed over the past week and month, with declines of 9.74% and 3.42%, respectively, and a year-to-date drop of 15.16%.In the broader market context, the Sensex has shown a slight increase of 0.58% over the past week and a gain of 0.41% over the past month, while VVIP Infratech's performance has been notably weaker in comparison. The stock's performance today contrasts with its recent trends, as it has been lower than the benchmark returns over longer periods, such as the year-to-date and three-year returns. This suggests that while the stock is experiencing a brief recovery, it remains under pressure compared to the overall market performance.
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