Why is Allied Blenders falling/rising?
As of 24-Jul, Allied Blenders & Distillers Ltd's stock price is declining at 470.05, down 0.82%, with a recent 2.9% drop over two days and a 5.23% decrease in the past week. Despite strong annual returns, reduced investor participation and high valuation are contributing to the current downturn.
As of 24-Jul, Allied Blenders & Distillers Ltd is experiencing a decline in its stock price, currently at 470.05, reflecting a decrease of 3.9 points or 0.82%. The stock has underperformed its sector by 0.57% today and has been on a downward trend for the past two days, with a total decline of 2.9% during this period. Despite a strong performance over the past year, where it generated a return of 51.68%, the stock has recently shown a decrease of 5.23% over the past week, contrasting with a slight decline of 0.09% in the Sensex. Additionally, the stock's delivery volume has significantly dropped by 64.4% compared to its five-day average, indicating reduced investor participation.In the broader market context, while the stock has outperformed the benchmark over the longer term, its recent short-term performance has lagged behind. The Sensex has shown a modest increase of 0.16% over the past month, while Allied Blenders has posted a gain of 9.49% in the same timeframe. However, the current decline in stock price may be attributed to its expensive valuation and the recent drop in investor participation, despite positive fundamentals such as high management efficiency and consistent profit growth. The increase in institutional investor stakes could provide some support, but the current market sentiment appears to be cautious, leading to the stock's recent price decline.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
