Why is VVIP Infratech falling/rising?
As of 22-Sep, VVIP Infratech Ltd's stock price is Rs 160.90, down 0.95%, and has fallen 4.85% over the last three days. The stock is underperforming significantly compared to the Sensex, with a year-to-date decline of 29.52%.
As of 22-Sep, VVIP Infratech Ltd's stock price is currently at Rs 160.90, reflecting a decrease of Rs 1.55 or 0.95%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 4.85% during this period. Today, it opened with a significant loss of 3.82% and reached an intraday low of Rs 155, which is a 4.59% drop. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Investor participation has also decreased, with delivery volume dropping by 40.37% compared to the 5-day average, suggesting waning interest in the stock.In the broader market context, VVIP Infratech's performance over the past week shows a decline of 0.98%, while the benchmark Sensex has gained 0.46%. Over the past month, the stock has significantly underperformed, with a drop of 11.59% compared to a 1.05% increase in the Sensex. Year-to-date, the stock has decreased by 29.52%, contrasting sharply with the Sensex's rise of 5.15%. This stark difference in performance highlights the challenges VVIP Infratech is facing relative to the overall market, contributing to the downward pressure on its stock price.
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