Neptune Logitek

Which are the latest news on Neptune Logitek?

Why is Neptune Logitek Ltd falling/rising?

As of 08-Feb, Neptune Logitek Ltd's stock price is at 48.49, down 0.64%, and has dropped 31.22% year-to-date, contrasting with a 1.92% decline in the Sensex. The stock is below all major moving averages, indicating a bearish trend, and investor participation has decreased significantly.

As of 08-Feb, Neptune Logitek Ltd's stock price is falling, currently at 48.49, reflecting a decrease of 0.31 or 0.64%. This decline is part of a broader trend, as the stock has experienced a significant drop of 31.22% year-to-date, compared to a modest decline of 1.92% in the benchmark Sensex. Over the past week, the stock has fallen by 3.23%, while the Sensex has gained 1.59%.<BR><BR>Today's performance indicates a trend reversal, as the stock has decreased after three consecutive days of gains. Additionally, Neptune Logitek is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Investor participation has also declined, with delivery volume on February 5 falling by 8.16% compared to the 5-day average. This combination of factors contributes to the stock's current downward trajectory.