Why is Agarwal Float falling/rising?
As of 23-Sep, Agarwal Float Glass India Ltd's stock price is 63.70, down 1.39%, with a negative trend over various periods and reduced investor participation. The stock has underperformed compared to the Sensex, with a year-to-date decline of 8.01% versus a 6.45% increase in the benchmark.
As of 23-Sep, Agarwal Float Glass India Ltd is experiencing a decline in its stock price, currently at 63.70, reflecting a decrease of 0.9 or 1.39%. The stock's performance today is in line with its sector, but it has shown a negative trend over various periods, with a 1-week return of -1.47% and a 1-month return of -5.07%. Additionally, the stock is currently above its 50-day, 100-day, and 200-day moving averages, but below its 5-day and 20-day moving averages. There has been a notable drop in investor participation, with delivery volume decreasing by 2.78% compared to the 5-day average, indicating reduced interest in trading the stock. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, Agarwal Float's short-term performance has been weaker than the benchmark, with a 1-week decline of 1.47% compared to the Sensex's slight drop of 0.28%. This underperformance is also reflected in the year-to-date returns, where Agarwal Float has decreased by 8.01%, while the Sensex has increased by 6.45%. The stock's significant decline over the past year, at 34.57%, contrasts sharply with the benchmark's minor decrease of 2.97%, suggesting that the company is facing challenges that are not affecting the broader market to the same extent.
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