Why is Akme Fintrade falling/rising?

Aug 07 2025 11:47 PM IST
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As of 07-Aug, Akme Fintrade (India) Ltd's stock price is at 7.06, up 2.32%, with significant delivery volume increase. However, it has underperformed year-to-date and over the past year compared to the Sensex, despite a short-term rise.
As of 07-Aug, Akme Fintrade (India) Ltd's stock price is currently at 7.06, reflecting an increase of 0.16 or 2.32%. The stock has shown a performance today that outperformed its sector by 2.1%. Additionally, the stock's delivery volume has risen significantly, with a 66% increase against the 5-day average, indicating rising investor participation. However, while the stock is higher than its 5-day moving averages, it remains lower than the 20-day, 50-day, 100-day, and 200-day moving averages. In terms of returns, the stock has underperformed over the longer term, with a year-to-date decline of 17.33% and a one-year decline of 35.44%, contrasting with the Sensex's positive performance.

In the broader market context, the stock's short-term return of +0.57% over the past week stands in contrast to the Sensex, which has declined by 0.69%. This indicates that while Akme Fintrade is experiencing a short-term rise, it has struggled significantly over longer periods compared to the benchmark. The overall market sentiment appears to be mixed, as the stock has not performed well year-to-date or over the past year, despite today's positive movement. The lack of available positive or negative dashboard data means we cannot assess any specific catalysts influencing the stock's recent performance.
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