Why is Acme Resources falling/rising?

Oct 24 2025 10:15 PM IST
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As of 24-Oct, Acme Resources Ltd's stock price has declined to Rs 41.11, down 2.49%, after a trend reversal following two days of gains. Despite this short-term underperformance, the stock remains above key moving averages and has seen a significant increase in investor interest.
As of 24-Oct, Acme Resources Ltd is experiencing a decline in its stock price, currently at Rs 41.11, which represents a decrease of Rs 1.05 or 2.49%. The stock has underperformed its sector by 2.21% today and has seen a trend reversal after two consecutive days of gains. It touched an intraday low of Rs 40.06, reflecting a drop of 4.98%. Despite this decline, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive long-term trend. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 413.16% against the 5-day average, suggesting heightened interest from investors. However, there is no information available regarding positive or negative dashboard factors that could further explain the stock's recent movement.

In the broader market context, Acme Resources has shown a strong performance over the longer term, with a 1-year return of 24.95% compared to the Sensex's 5.18%. However, in the short term, the stock has underperformed, with a 1-week return of 5.68% against the Sensex's 0.31% and a 1-month return of 2.77% compared to the Sensex's 3.05%. This indicates that while the stock has had a robust performance historically, its recent short-term movements are not keeping pace with the benchmark, contributing to the current decline in price.
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