Why is Akash InfraProj. falling/rising?
As of 28-Oct, Akash Infraprojects Ltd's stock price is 28.45, up 2.04%, but it has declined 21.97% over the past year. Despite recent gains, the stock faces challenges with falling profits and decreased investor participation, indicating potential future volatility.
As of 28-Oct, Akash Infraprojects Ltd is experiencing a price increase, with its current price at 28.45, reflecting a rise of 0.57 or 2.04%. The stock has outperformed its sector today by 2.94%, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, despite this positive movement, the stock has shown a decline of 2.27% over the past month and a significant drop of 21.97% over the past year. The company reported higher net sales and profit after tax for the nine-month period ending June 25, which contributes positively to its valuation, although its profits have fallen by 148.3% over the same period, indicating underlying challenges. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 66.79% compared to the 5-day average.In the broader market context, Akash Infraprojects Ltd has outperformed the Sensex by 5.42% over the past week, where the Sensex only increased by 0.26%. However, the stock's year-to-date performance is concerning, with a decline of 14.82% compared to the Sensex's gain of 9.69%. This disparity highlights the stock's struggles relative to the overall market, despite its recent uptick. The liquidity of the stock remains adequate for trading, but the significant drop in delivery volume suggests a potential lack of sustained investor interest, which could impact future price movements.
{{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
