Why is Abirami Fin. falling/rising?

Jul 23 2025 10:01 PM IST
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As of 23-Jul, Abirami Financial Services (India) Ltd is priced at 45.80 with no change, underperforming its sector by 0.54%. Despite a recent 10.20% increase over the past week, the stock has declined 31.63% year-to-date, indicating weak overall performance compared to the benchmark Sensex.
As of 23-Jul, Abirami Financial Services (India) Ltd is currently priced at 45.80, showing no change (0.00%). The stock has underperformed its sector by 0.54% today, and while it is higher than the 5-day, 50-day, and 100-day moving averages, it is lower than the 20-day and 200-day moving averages. Additionally, there has been a notable decline in investor participation, with delivery volume falling by 45.62% against the 5-day average. Over the past week, the stock has increased by 10.20%, but it has experienced a decline of 3.58% over the past month and a significant year-to-date drop of 31.63%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.

In the broader market context, the stock's performance over the last week has significantly outpaced the benchmark Sensex, which only increased by 0.11%. However, the stock's longer-term performance has been less favorable, with a year-to-date decline of 31.63% compared to the Sensex's gain of 5.87%. This discrepancy indicates that while the stock has seen a short-term rebound, its overall performance remains weak relative to the broader market, contributing to investor caution and the recent decline in trading volume.
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