Why is Ahm. Steelcraft falling/rising?
As of 12-Aug, Ahmedabad Steelcraft Ltd's stock price is Rs 201.10, down 2.26%, and has lost 15.5% over the last two days. The stock is underperforming significantly compared to the Sensex, with a year-to-date decline of 24.38%.
As of 12-Aug, Ahmedabad Steelcraft Ltd is experiencing a decline in its stock price, currently at Rs 201.10, which reflects a decrease of Rs 4.65 or 2.26%. The stock has been underperforming, having lost 15.5% over the last two days and is trading below all key moving averages, indicating a bearish trend. Additionally, the stock's performance over the past week shows a decline of 9.68%, while its year-to-date return is down 24.38%. Despite a rise in investor participation, with delivery volume increasing by 151.77% against the 5-day average, the overall sentiment remains negative, contributing to the stock's recent price drop.In the broader market context, the Sensex has only declined by 0.59% over the past week, suggesting that Ahmedabad Steelcraft's performance is significantly worse than the benchmark. This underperformance is further highlighted by the stock's year-to-date return of -24.38%, contrasting sharply with the Sensex's positive return of 2.68%. The stock's recent struggles, coupled with a lack of positive factors to offset the negative sentiment, have led to its current downward trajectory in the market.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
