Why is Active Clothing falling/rising?
As of 06-Nov, Active Clothing Co Ltd's stock price is Rs 102.00, down 6.34%, and underperforming its sector by 5.09%. The stock is in a bearish trend, trading below all major moving averages, with significant declines in investor participation and negative returns over the past week, month, and year.
As of 06-Nov, Active Clothing Co Ltd is experiencing a decline in its stock price, currently at Rs 102.00, which reflects a decrease of Rs 6.9 or 6.34%. Today's price summary indicates that the stock has underperformed its sector by 5.09%, with an intraday high of Rs 112 and a low of Rs 102. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 59.54% compared to the 5-day average. The stock has also shown negative returns over the past week and month, with declines of 5.90% and 10.49%, respectively, while year-to-date performance is down by 5.99%.In the broader market context, the Sensex has shown a relatively stable performance, gaining 1.86% over the past month and 6.62% year-to-date. This contrasts sharply with Active Clothing's negative returns, indicating that the stock is underperforming compared to the overall market. The disparity in performance is further highlighted by the stock's significant decline over the past year, down 19.05%, while the Sensex has only increased by 3.65%. This suggests that while the market is generally performing well, Active Clothing is facing specific challenges that are contributing to its price decline.
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