Why is AastamangalamFin falling/rising?

Sep 24 2025 09:17 PM IST
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As of 24-Sep, Aastamangalam Finance Ltd's stock price is declining, currently at 41.03, down 0.44%. It has underperformed its sector and the broader market, with a year-to-date decline of 9.23%, despite increased investor interest.
As of 24-Sep, Aastamangalam Finance Ltd is experiencing a decline in its stock price, currently at 41.03, which reflects a decrease of 0.18 or 0.44%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 2.86% during this period. Additionally, the stock's performance over the past week shows a decrease of 2.43%, and it has underperformed its sector by 0.35% today. While the stock is trading above its 100-day and 200-day moving averages, it is below its 5-day, 20-day, and 50-day moving averages. Notably, there has been a rise in investor participation, with delivery volume increasing by 36.33% compared to the 5-day average, indicating some interest despite the recent price drop.

In the broader market context, Aastamangalam Finance Ltd's recent performance contrasts with the benchmark Sensex, which has seen a decline of only 1.18% over the past week. The stock's year-to-date performance is notably poor, with a decline of 9.23%, while the Sensex has gained 4.58% during the same period. This divergence suggests that the stock is facing specific challenges that are not affecting the broader market. Overall, the combination of recent price declines, underperformance relative to the sector, and the stock's mixed moving averages contribute to the current downward trend in Aastamangalam Finance Ltd's stock price.
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