Encompass Design

Why is Encompass Design India Ltd falling/rising?

As of 20-Feb, Encompass Design India Ltd's stock price is at 259.10, reflecting a 0.6% increase. The stock has significantly outperformed the Sensex over various time frames, indicating strong momentum and increased investor interest.

As of 20-Feb, Encompass Design India Ltd's stock price is rising, currently at 259.10, reflecting a change of 1.55 (0.6%) upward. This increase can be attributed to several factors. Over the past week, the stock has outperformed the benchmark Sensex, gaining 12.12% compared to the Sensex's 0.39%. Similarly, in the past month, the stock has risen by 16.16%, while the Sensex has only increased by 1.34%. Year-to-date, Encompass Design has shown a positive return of 9.28%, contrasting with the Sensex's decline of 2.14%.<BR><BR>Additionally, the stock is trading close to its 52-week high, just 4.09% away from Rs 269.7, indicating strong upward momentum. Today's performance has also outperformed its sector by 0.56%. The stock's moving averages are all trending higher, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which suggests a sustained bullish trend. Furthermore, there has been a significant increase in investor participation, with delivery volume rising by 250% compared to the 5-day average, indicating heightened interest and confidence among investors. Overall, these factors contribute to the rising stock price of Encompass Design India Ltd.

Which are the latest news on Encompass Design?