Why is ACME Solar Hold. falling/rising?
As of 24-Jul, ACME Solar Holdings Ltd's stock price is Rs 279.85, down 2.18%, with a significant drop in delivery volume indicating reduced retail investor interest. Despite this, the stock has strong long-term fundamentals and a year-to-date return of 18.78%, outperforming the Sensex.
As of 24-Jul, ACME Solar Holdings Ltd is experiencing a decline in its stock price, currently at Rs 279.85, which reflects a decrease of Rs 6.25 or 2.18%. Today's price summary indicates that the stock has underperformed its sector by 0.87%, reaching an intraday low of Rs 278, which is a drop of 2.83%. Despite a positive performance over the past month with a return of 12.53%, the stock has seen a significant decrease in investor participation, with delivery volume falling by 41.37% compared to the 5-day average. The stock remains above its longer-term moving averages but is below its 5-day moving average, suggesting some short-term weakness. Additionally, while the company has demonstrated healthy long-term growth with impressive increases in operating profit and profit before tax, the recent decline in delivery volume may indicate waning interest from retail investors.In the broader market context, ACME Solar's recent performance contrasts with the Sensex, which has shown a slight decline of 0.09% over the past week. The stock's year-to-date return of 18.78% significantly outpaces the Sensex's 5.18%, indicating strong underlying fundamentals. Furthermore, the increase in institutional investor participation, with a 0.53% rise in stake over the previous quarter, suggests confidence in the company's long-term prospects. However, the current decline in stock price may reflect short-term market reactions rather than a fundamental deterioration, as institutional investors typically have a better grasp of the company's potential.
{{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
Most Read
