Why is Albert David falling/rising?
As of 15-Sep, Albert David Ltd's stock price is at 808.00, having increased by 0.5% recently but showing a significant year-to-date decline of 39.02%. The stock has underperformed compared to the broader market, with a notable drop of 47.07% over the past year.
As of 15-Sep, Albert David Ltd's stock price is currently at 808.00, reflecting an increase of 4.0 or 0.5%. The stock has been gaining for the last two days, with a total return of 0.62% during this period, and it has outperformed its sector by 0.95%. However, the stock's performance over the past month shows a decline of 1.07%, and it has significantly underperformed year-to-date with a drop of 39.02%. Additionally, the delivery volume has decreased by 43.01% compared to the 5-day average, indicating falling investor participation, which could negatively impact future price movements. 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 return of 0.87% over the past week is lower than the benchmark Sensex, which has increased by 1.24%. This suggests that while Albert David Ltd has shown some recent gains, it is not keeping pace with the overall market performance. Over the longer term, the stock has experienced a significant decline of 47.07% over the past year, contrasting with the Sensex's minor decline of 1.33%. This disparity highlights the challenges faced by Albert David Ltd in attracting investor confidence compared to the broader market trends.
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