Why is Allcargo Gati falling/rising?
As of 19-Sep, Allcargo Gati Ltd's stock price is at 62.15, showing a slight increase but underperforming over the long term with a year-to-date decline of 31.14%. Despite a minor uptick today, the stock struggles with low investor participation and liquidity compared to the broader market.
As of 19-Sep, Allcargo Gati Ltd's stock price is currently at 62.15, reflecting a slight increase of 0.05 or 0.08%. The stock has outperformed its sector today by 0.74%, although it is trading higher than its 5-day and 20-day moving averages, but lower than its 50-day, 100-day, and 200-day moving averages. The delivery volume has decreased significantly, falling by 33% compared to the 5-day average, indicating a decline in investor participation. Over the past week, the stock has gained 0.91%, but it has underperformed over the longer term, with a year-to-date decline of 31.14% and a one-year drop of 40.75%.In the broader market context, the Sensex has shown a positive return of 0.88% over the past week, which is slightly lower than Allcargo Gati's performance in the same period. However, the stock has struggled significantly over the longer term, with a 1-month return of -1.52% compared to the Sensex's gain of 1.20%. This indicates that while the stock is experiencing a minor uptick today, its overall performance remains weak relative to the benchmark, reflecting broader challenges in attracting investor interest and maintaining liquidity.
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