Why is AKG Exim falling/rising?
As of 18-Sep, AKG Exim Ltd's stock price is 12.56, reflecting a decline of 0.79%. Despite a recent short-term gain of 2.61%, the stock has significantly underperformed over the long term, with a year-to-date drop of 29.75% and a three-year decline of 79.66%, indicating weak fundamentals and waning investor interest.
As of 18-Sep, AKG Exim Ltd is experiencing a decline in its stock price, currently at 12.56, which reflects a decrease of 0.1 or 0.79%. The stock has shown mixed performance in recent periods, with a 1-week return of +2.61%, but a 1-month decline of -1.10%. Additionally, the stock has significantly underperformed over the longer term, with a year-to-date drop of -29.75% and a staggering -79.66% over the past three years. Today's price summary indicates that while the stock is trading above its 5-day and 20-day moving averages, it remains below its 50-day, 100-day, and 200-day moving averages. Furthermore, there has been a notable decline in investor participation, with delivery volume falling by 59.35% compared to the 5-day average, suggesting waning interest in the stock. The company's fundamentals are weak, with a negative trend in operating profits and a return on equity averaging only 4.47%, which signifies low profitability.In the broader market context, the stock's short-term performance of +2.61% over the past week outpaces the benchmark Sensex, which has returned +1.67% in the same period. However, the longer-term performance reveals a stark contrast, as AKG Exim has consistently underperformed against the benchmark, with a -43.19% return over the past year compared to the Sensex's +0.18%. This consistent underperformance, coupled with negative results over the last six quarters and a weak long-term growth outlook, positions the stock unfavorably in the market, contributing to its current decline.
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