Why is Aayush Wellness falling/rising?
As of 07-Nov, Aayush Wellness Ltd's stock price is Rs. 34.32, down 4.98%, marking a new 52-week low and a 72.53% decline year-to-date. The stock has significantly underperformed the market, with a sharp drop in investor participation and a bearish trend indicated by trading below all major moving averages.
As of 07-Nov, Aayush Wellness Ltd is experiencing a decline in its stock price, currently at Rs. 34.32, which represents a decrease of 1.8 (-4.98%). The stock has hit a new 52-week low today and has been on a downward trend, losing 18.52% over the past week and 51.16% over the past month. It has underperformed its sector by 4.64% today and has consistently fallen for the last four days. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. There has also been a significant drop in investor participation, with delivery volume falling by 74.65% compared to the 5-day average, which suggests a lack of confidence among investors.In the broader market context, Aayush Wellness's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 0.86% over the past week and has gained 1.57% over the past month. This stark difference highlights the stock's underperformance relative to the market. Year-to-date, Aayush Wellness has seen a staggering decline of 72.53%, while the Sensex has increased by 6.50%. Such a significant disparity in returns indicates that the stock is not only struggling in the short term but also facing long-term challenges compared to the overall market performance.
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