Why is Abha Power falling/rising?

Sep 19 2025 11:52 PM IST
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As of 19-Sep, Abha Power and Steel Ltd's stock price is at 41.85, down 2.56%, with a significant decline in delivery volume and underperformance compared to the Sensex. The stock has decreased by 4.12% over the past week and 10.19% year-to-date, indicating weak investor confidence.
As of 19-Sep, Abha Power and Steel Ltd's stock price is currently at 41.85, reflecting a decrease of 1.1, or 2.56%. The stock has underperformed its sector today by 2.76%, and the delivery volume has significantly declined by 58.33% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has decreased by 4.12%, and it has also shown a year-to-date decline of 10.19%, contrasting with the Sensex, which has gained 7.11% during the same period. There is no information available regarding positive or negative factors that could influence the stock's recent movement.

Broader Market Context: The stock's recent performance has been notably weaker than the benchmark, as it has underperformed the Sensex both in the short term and year-to-date. While the Sensex has shown a positive return of 0.85% over the past week and 7.11% year-to-date, Abha Power's significant declines suggest a lack of investor confidence and interest, further compounded by the drop in trading volume. This disparity highlights the challenges faced by Abha Power in attracting investment compared to the broader market trends.
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