Why is Akash InfraProj. falling/rising?
As of 17-Nov, Akash Infraprojects Ltd's stock price is at 26.18, down 3.0%, and has underperformed its sector and the broader market significantly over various time frames. The stock has seen a notable decline in investor participation and has decreased by 26.36% over the past year.
As of 17-Nov, Akash Infraprojects Ltd is experiencing a decline in its stock price, currently at 26.18, which reflects a decrease of 0.81 or 3.0%. The stock has underperformed its sector by 3.29% today and is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has shown a significant decline in investor participation, with a delivery volume of 2.64k on 14 November, which is down by 27.54% compared to the 5-day average. Over the past year, the stock has decreased by 26.36%, while its year-to-date performance shows a drop of 21.62%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, the stock's short-term performance has been notably poor compared to the benchmark, with a 1-week return of -4.73% against the Sensex's gain of 1.72%. This trend continues over the 1-month period, where Akash Infraprojects Ltd has decreased by 0.72% while the Sensex has increased by 1.18%. The stark contrast in performance over various time frames, including a year-to-date decline of 21.62% versus the Sensex's gain of 10.02%, indicates that the stock is struggling significantly in comparison to the overall market.
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