Why is Abirami Fin. falling/rising?
As of 17-Jul, Abirami Financial Services (India) Ltd's stock price rose to Rs 43.64, marking a 5.0% increase after a decline. However, it remains below moving averages and has underperformed in the short term, indicating potential challenges ahead despite today's gains.
As of 17-Jul, Abirami Financial Services (India) Ltd has seen its stock price rise to Rs 43.64, reflecting an increase of 2.08 or 5.0%. This upward movement comes after a period of decline, as the stock has gained after eight consecutive days of falling. Despite today's performance, the stock has underperformed in the short term, with a 1-week return of -6.75% and a 1-month return of -8.13%. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish trend. The delivery volume has also decreased significantly, suggesting falling investor participation, which may impact future price movements.Broader market context shows that while Abirami Financial Services has outperformed its sector by 5.33% today, it has lagged behind the benchmark Sensex in the longer term, with a year-to-date return of -34.86% compared to the Sensex's +5.27%. This stark contrast highlights the challenges faced by the stock in the broader market environment, where it has struggled significantly over the past year, despite a remarkable performance over the last three and five years. The current rise in stock price may be a temporary correction rather than a sign of a sustained recovery, especially given the overall negative trends in investor participation and trading volumes.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
