Why is Add-Shop E-Reta. falling/rising?
As of 10-Nov, Add-Shop E-Retail Ltd's stock price is 8.99, having increased by 3.45% recently. Despite short-term gains, the stock has a year-to-date decline of 41.09%, indicating significant long-term underperformance compared to the market.
As of 10-Nov, Add-Shop E-Retail Ltd's stock price is currently at 8.99, reflecting an increase of 0.3, or 3.45%. The stock has been gaining for the last two days, with a total return of 6.33% during this period. Additionally, it has outperformed its sector by 7.08%. Despite the recent positive movement, the stock has experienced significant declines over the longer term, with a year-to-date drop of 41.09% and a one-year decline of 44.37%. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, Add-Shop's short-term performance shows a 1-week return of +0.11%, which contrasts with the Sensex's decline of -0.53% over the same period, indicating that the stock is performing relatively well compared to the benchmark. However, over the longer term, the stock has significantly underperformed against the Sensex, which has gained 6.91% year-to-date. This disparity highlights the challenges faced by Add-Shop E-Retail Ltd in recovering from its substantial losses while still managing to attract increased investor participation recently.
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