Authum Investment & Infrastructure Faces Consecutive Losses Amid Broader Market Trends

Jan 22 2025 09:45 AM IST
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Authum Investment & Infrastructure experienced a decline on January 22, 2025, marking consecutive losses over two days. The stock reached an intraday low and remains above longer-term moving averages, though it is below shorter-term averages. In the past month, it has outperformed the broader market despite recent losses.
Authum Investment & Infrastructure, a significant player in the finance and non-banking financial company (NBFC) sector, has seen a notable decline of 4.98% on January 22, 2025. This drop has resulted in the stock underperforming its sector by 3.33%, marking consecutive losses over the past two days, with a total decrease of 5.82% during this period.

On this trading day, the stock reached an intraday low of Rs 1764, reflecting a decrease of 3.69%. In terms of moving averages, Authum Investment & Infrastructure remains above the 50-day, 100-day, and 200-day moving averages, but is currently below the 5-day and 20-day moving averages.

When compared to the broader market, the stock's one-day performance of -4.54% contrasts with the Sensex, which recorded a modest gain of 0.30%. Over the past month, Authum Investment & Infrastructure has shown a positive performance of 2.85%, while the Sensex has declined by 2.53%.
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