Why is Akme Fintrade falling/rising?

Sep 04 2025 12:05 AM IST
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As of 03-Sep, Akme Fintrade (India) Ltd is priced at 6.92, down 0.43%, and has underperformed its sector. Despite positive financial results over the last five quarters, the stock's significant year-over-year decline of 39.16% and weak long-term fundamentals raise concerns about its future performance.
As of 03-Sep, Akme Fintrade (India) Ltd is currently priced at 6.92, reflecting a decrease of 0.03 or 0.43%. The stock has underperformed its sector today by 1.27%, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a decline of 1.28%, while it has experienced a modest increase of 1.02% over the last month. Despite the stock's significant drop of 39.16% over the past year, it has reported positive results for the last five consecutive quarters, with net sales and profits reaching their highest levels. However, the stock's weak long-term fundamental strength, indicated by an average return on equity (ROE) of 8.50%, raises concerns about its future performance.

In the broader market context, the Sensex has shown a slight decline of 0.27% over the past week and a minimal change of 0.04% over the past month, indicating a relatively stable market environment. However, Akme Fintrade's year-to-date performance is notably poor, with a decline of 18.97% compared to the Sensex's gain of 3.11%. This underperformance in both the short and long term, coupled with the stock's recent price movements and liquidity indicators, suggests that investor sentiment may be cautious, despite the company's recent positive financial results.
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