Why is Aelea Commoditi. falling/rising?
As of 24-Sep, Aelea Commodities Ltd's stock price is 206.00, down 0.84%, with a significant year-to-date decline of 23.99%. The stock is underperforming its sector and the market, with reduced investor participation indicated by an 85.41% drop in delivery volume compared to the 5-day average.
As of 24-Sep, Aelea Commodities Ltd is experiencing a decline in its stock price, currently at 206.00, which reflects a decrease of 1.75 or 0.84%. The stock has underperformed its sector by 0.65% today, and it reached an intraday low of Rs 202.4, marking a drop of 2.58%. Over the past week, the stock has decreased by 4.07%, while it has shown a significant increase of 15.73% over the past month. However, year-to-date, the stock is down 23.99%, contrasting with a 4.58% gain in the benchmark. Notably, there has been a substantial decline in investor participation, with delivery volume falling by 85.41% compared to the 5-day average, indicating reduced interest among investors.In the broader market context, the Sensex has decreased by 1.18% over the past week, which is less than Aelea's decline, suggesting that the stock is underperforming relative to the market. Despite being higher than the 20-day, 50-day, 100-day, and 200-day moving averages, the stock is lower than the 5-day moving average, indicating a short-term weakness. The liquidity of the stock remains adequate for trading, as it is based on 2% of the 5-day average traded value. Overall, the combination of falling investor participation and underperformance against both the sector and the benchmark contributes to the stock's recent downward movement.
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