Why is Abhishek Integr. falling/rising?
As of 18-Sep, Abhishek Integrations Ltd is priced at 40.90 with no change, showing a downward trend as it trades below all key moving averages and has seen an 80% drop in delivery volume. The stock has declined 21.72% in the past month and 50.33% year-to-date, significantly underperforming compared to the Sensex, which has risen by 7.52% year-to-date.
As of 18-Sep, Abhishek Integrations Ltd is currently priced at 40.90, with no change in price (0.00%). The stock has been trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 80% compared to the 5-day average. Over the past week, the stock has decreased by 0.12%, and it has experienced a substantial decline of 21.72% over the past month and 50.33% year-to-date. Unfortunately, there is no information available regarding positive or negative factors that could provide further insights into the stock's recent movements.In the broader market context, the stock's performance has been notably poor compared to the benchmark Sensex, which has increased by 1.67% over the past week and 2.20% over the past month. Year-to-date, while Abhishek Integrations Ltd has fallen by 50.33%, the Sensex has risen by 7.52%. This stark contrast highlights the stock's underperformance relative to the market, contributing to a lack of investor confidence and further exacerbating its decline.
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