Why is VVIP Infratech falling/rising?
As of 01-Jul, VVIP Infratech Ltd's stock price is Rs 194.50, down 0.77%, and has underperformed its sector. Despite a slight weekly gain, the stock has declined 14.81% year-to-date, contrasting with the Sensex's 7.11% gain.
As of 01-Jul, VVIP Infratech Ltd's stock price is currently at Rs 194.50, reflecting a decrease of Rs 1.5 or 0.77%. The stock has underperformed its sector today by 0.66% and opened significantly lower, with a loss of 4.95%, reaching an intraday low of Rs 186.3. Despite this decline, there has been a rise in investor participation, as evidenced by a 20.69% increase in delivery volume compared to the 5-day average. The stock's performance over the past week shows a slight gain of 0.41%, but it has underperformed over the past month with a decline of 0.56% and a year-to-date drop of 14.81%. Unfortunately, there is no information available regarding positive or negative factors that may have influenced the stock's recent movement.In the broader market context, the benchmark Sensex has performed better than VVIP Infratech, with a 2.00% increase over the past week and a 2.76% rise over the past month. Year-to-date, while VVIP Infratech has seen a significant decline of 14.81%, the Sensex has gained 7.11%. This disparity indicates that the stock is not only struggling in the short term but also lagging behind the overall market performance, contributing to the downward pressure on its price.
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