Why is Acrow India falling/rising?
As of 04-Nov, Acrow India Ltd's stock price has risen to Rs 730.00, reflecting a 4.29% increase and a positive trend with a total return of 9.24% over three days. Despite recent gains, the stock's year-to-date performance is down 8.75%, contrasting with the Sensex's increase of 6.81%.
As of 04-Nov, Acrow India Ltd is experiencing a price increase, currently at Rs 730.00, which reflects a rise of Rs 30.00 or 4.29%. The stock has shown a positive trend recently, gaining for three consecutive days and achieving a total return of 9.24% during this period. Additionally, it outperformed its sector by 3.67% today. The stock opened with a gain of 2.86% and reached an intraday high of Rs 730. Acrow India is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum. Furthermore, there has been a significant increase in investor participation, with delivery volume rising by 92.98% compared to the 5-day average. There is no information available regarding positive or negative factors that could influence the stock's movement.Broader market context shows that Acrow India has had mixed performance compared to the benchmark Sensex. Over the past week, the stock has decreased by 1.35%, slightly better than the Sensex's decline of 1.38%. In the last month, Acrow India has gained 1.96%, while the Sensex has risen by 2.77%. Year-to-date, Acrow India is down 8.75%, contrasting with the Sensex's increase of 6.81%. Despite the recent gains, the stock's longer-term performance remains under pressure, as indicated by its year-over-year decline of 2.76% compared to the Sensex's rise of 5.94%.
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