Why is Alpine Housing falling/rising?

Sep 15 2025 09:53 PM IST
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As of 15-Sep, Alpine Housing Development Corporation Ltd's stock price is Rs 134.50, down 1.1%, and has underperformed its sector today. Despite a strong year-to-date return of 22.27%, recent declines may indicate a market correction or profit-taking after prior gains.
As of 15-Sep, Alpine Housing Development Corporation Ltd is experiencing a decline in its stock price, currently at Rs 134.50, which reflects a decrease of Rs 1.5 or 1.1%. The stock has underperformed its sector by 3.25% today and has seen a trend reversal after two consecutive days of gains. It touched an intraday low of Rs 131, marking a drop of 3.68%. Over the past week, the stock has shown a positive return of 5.08%, but it has declined by 5.32% over the past month. Year-to-date, the stock remains strong with a return of 22.27%. However, it is important to note that there is no information available regarding positive or negative factors that could further explain the stock's recent movement.

Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.24% over the past week and 1.47% over the past month, Alpine Housing's recent performance indicates a relative weakness, particularly in the short term. The construction and real estate sector has gained by 2.28%, suggesting that the broader market is performing better than Alpine Housing at this time. Despite the stock's strong year-to-date and long-term performance, the recent decline may reflect a market correction or profit-taking by investors after its previous gains.
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