Why is Agarwal Toughene falling/rising?
As of 28-Oct, Agarwal Toughened Glass India Ltd's stock price is declining at 135.35, down 4.98%, and has underperformed its sector by 3.23% today. Despite a year-to-date return of 0.52%, significantly lower than the Sensex's 9.69%, there is increased investor participation with a 403.82% rise in delivery volume.
As of 28-Oct, Agarwal Toughened Glass India Ltd is experiencing a decline in its stock price, currently at 135.35, reflecting a decrease of 7.1 points or 4.98%. The stock has underperformed its sector by 3.23% today, and its performance over the past week shows a significant drop of 11.13%. Although the stock is trading higher than its 200-day moving average, it remains below the 5-day, 20-day, 50-day, and 100-day moving averages. Additionally, the stock has shown a year-to-date return of 0.52%, which is notably lower than the Sensex's return of 9.69%. There is a notable increase in investor participation, with delivery volume rising by 403.82% against the 5-day average, indicating heightened trading activity, although no specific positive or negative factors were provided to explain the stock's recent movement.In the broader market context, the stock's short-term performance has been significantly weaker compared to the benchmark, as evidenced by its 1-week return of -11.13% against the Sensex's modest gain of 0.26%. This underperformance suggests that while the overall market is experiencing some stability, Agarwal Toughened Glass India Ltd is facing challenges that are impacting its stock price negatively. The liquidity of the stock remains adequate for trading, as it is based on 2% of the 5-day average traded value, which allows for trades of a size around Rs 0.03 crore.
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