Why is Abhinav Capital falling/rising?
As of 02-Jul, Abhinav Capital Services Ltd is currently priced at Rs 128.00, reflecting a 2.11% increase today, but it has declined 5.19% over the past week and 40.59% over the past year, indicating a negative overall trend despite today's rise. Investor participation has significantly decreased, suggesting waning interest in the stock.
As of 02-Jul, Abhinav Capital Services Ltd is experiencing a price increase, currently at Rs 128.00, reflecting a rise of 2.65 or 2.11%. The stock has outperformed its sector today by 3.34%, reaching an intraday high of Rs 128. However, it is important to note that the stock has shown a negative performance over the past week, down by 5.19%, and a significant decline of 40.59% over the past year. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 98.42% against the 5-day average, which may indicate waning interest despite today's positive movement. The absence of specific positive or negative factors in the dashboard limits further insights into the stock's recent performance.In the broader market context, while Abhinav Capital's stock has risen today, it has underperformed the benchmark Sensex over the past week, which has gained 0.79%. Over the last month, Abhinav Capital has shown a modest increase of 1.59%, but this is still below the Sensex's 2.50% rise. Year-to-date, the stock is down 12.93%, contrasting sharply with the Sensex's gain of 6.75%. This suggests that while there may be short-term gains, the overall trend for Abhinav Capital remains negative compared to the broader market performance.
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