Why is ABS Marine falling/rising?

Oct 18 2025 12:03 AM IST
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As of 17-Oct, ABS Marine Services Ltd's stock price is 173.25, down 1.56%, with significant declines over various periods and a 62.5% drop in delivery volume, indicating reduced investor participation. The stock has underperformed compared to the Sensex, which has gained 1.68% over the past week.
As of 17-Oct, ABS Marine Services Ltd is experiencing a decline in its stock price, currently at 173.25, which reflects a decrease of 2.75 or 1.56%. The stock has underperformed its sector today by 0.27%. Additionally, the stock has shown a negative performance over various periods, with a 1-week return of -6.45%, a 1-month return of -6.20%, and a year-to-date decline of 13.53%. The delivery volume has also significantly decreased, falling by 62.5% against the 5-day average, indicating a drop in investor participation. There is no information available regarding positive or negative factors that could influence the stock's recent movement.

In the broader market context, the stock's performance contrasts sharply with the Sensex, which has gained 1.68% over the past week and 1.50% over the past month. The year-to-date performance of the Sensex is up 8.73%, while ABS Marine's year-to-date decline of 13.53% highlights a significant underperformance relative to the benchmark. This disparity suggests that broader market conditions are favoring other investments, further contributing to the downward pressure on ABS Marine's stock price.
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