Why is Ahimsa Industrie falling/rising?
As of 08-Sep, Ahimsa Industries Ltd's stock price is flat at 24.50, with a recent 1-week decline of 4.11% and a year-to-date drop of 64.16%, significantly underperforming the Sensex. Despite some mixed performance indicators, investor participation is waning, as shown by a 23.73% decrease in delivery volume.
As of 08-Sep, Ahimsa Industries Ltd's stock price is currently flat at 24.50, with no change (0.00%). The stock has shown a mixed performance recently, with a 1-week decline of 4.11% while it has gained 0.62% over the past month. Despite outperforming its sector by 0.69% today, the stock's delivery volume has decreased by 23.73% compared to the 5-day average, indicating falling investor participation. Additionally, while the stock is trading above its 50-day and 100-day moving averages, it remains below its 5-day, 20-day, and 200-day moving averages, suggesting some volatility in its recent price movements. There are no positive or negative dashboard factors available to provide further insights into the stock's recent performance.Broader market context shows that the Sensex has increased by 0.60% over the past week, contrasting with Ahimsa Industries' decline of 4.11% during the same period. Year-to-date, the stock has significantly underperformed the benchmark, with a staggering decline of 64.16% compared to the Sensex's gain of 4.77%. This disparity highlights the challenges faced by Ahimsa Industries in the current market environment, as it struggles to attract investor interest amidst broader market gains.
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