Why is Abhishek Integr. falling/rising?
As of 26-Sep, Abhishek Integrations Ltd's stock price is Rs. 38.85, down 5.01%, marking a new 52-week low and significant underperformance against its sector and the Sensex. The stock is in a bearish trend, trading below all moving averages, with a year-to-date decline of 52.82% and a notable drop in investor participation.
As of 26-Sep, Abhishek Integrations Ltd is experiencing a decline in its stock price, currently at Rs. 38.85, which represents a decrease of Rs. 2.05 or 5.01%. The stock has hit a new 52-week low today and is underperforming its sector by 4.88%. It is trading below all its moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), indicating a bearish trend. Additionally, investor participation has fallen significantly, with delivery volume dropping by 50% compared to the 5-day average. The stock has also shown poor performance over various periods, with a year-to-date decline of 52.82% and a one-year decline of 56.95%, reflecting ongoing challenges.In the broader market context, the Sensex has decreased by 2.65% over the past week, while Abhishek Integrations Ltd has fallen by 5.01%, indicating that the stock is underperforming relative to the benchmark. Over the past month, the stock has declined by 9.97%, contrasting sharply with the Sensex's minimal drop of 0.23%. This significant underperformance suggests that specific issues affecting Abhishek Integrations Ltd are contributing to its price decline, rather than broader market trends alone.
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