Why is Aashka Hospitals falling/rising?

Aug 29 2025 10:48 PM IST
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As of 29-Aug, Aashka Hospitals Ltd's stock price is Rs 80.00, down 3.03%, and underperforming its sector. It is trading below all major moving averages and is close to its 52-week low, with a significant drop in trading volume indicating reduced investor interest.
As of 29-Aug, Aashka Hospitals Ltd is experiencing a decline in its stock price, currently at Rs 80.00, which reflects a decrease of Rs 2.5 or 3.03%. The stock has underperformed its sector by 2.41% today and opened with a loss of 3.03%. It is also trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 4.94% away from Rs 76.05. The trading volume has seen a significant drop, with delivery volume falling by 50% against the 5-day average, suggesting reduced investor participation. Unfortunately, there is no information available regarding positive or negative factors that could have influenced this movement.

In the broader market context, Aashka Hospitals' short-term performance over the past week shows a decline of 1.23%, which is better than the Sensex's drop of 1.84%. However, over the past month, the stock has significantly underperformed, with a decline of 11.11% compared to the Sensex's modest decrease of 1.88%. Year-to-date, Aashka Hospitals has seen a substantial drop of 26.87%, while the Sensex has gained 2.14%. This stark contrast highlights the stock's struggles relative to the broader market, contributing to the negative sentiment surrounding its recent price movements.
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