Why is Akash InfraProj. falling/rising?

Aug 06 2025 11:13 PM IST
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As of 06-Aug, Akash Infraprojects Ltd's stock price is Rs 27.08, reflecting a slight decline and trading below key moving averages, indicating a bearish trend. Despite a significant year-over-year decline of 24.10%, investor participation has increased, though the stock has underperformed compared to the benchmark Sensex.
As of 06-Aug, Akash Infraprojects Ltd is experiencing a slight decline in its stock price, currently at Rs 27.08, reflecting a decrease of Rs 0.04 or 0.15%. The stock has shown erratic trading patterns, having not traded on 2 out of the last 20 days, and it touched an intraday low of Rs 26.51, which is a drop of 2.25%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite this, there has been a notable increase in investor participation, with delivery volume rising by 53.28% compared to the 5-day average. Over the past year, the stock has underperformed significantly, with a decline of 24.10%, while the benchmark Sensex has gained 2.42%.

In the broader market context, Akash Infraprojects Ltd's short-term performance has been weaker than the benchmark, with a 1-week return of -1.96% compared to the Sensex's -1.13%. This underperformance is further highlighted by its year-to-date decline of 18.92%, contrasting sharply with the Sensex's gain of 3.93%. The stock's liquidity appears adequate for trading, as it is based on 2% of the 5-day average traded value. However, the lack of available positive or negative factors in the dashboard limits a comprehensive understanding of the influences on the stock's recent movement.
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