Why is Aluwind Infra falling/rising?
As of 14-Nov, Aluwind Infra-Tech Ltd's stock price is at 80.00, down 2.14%, and has underperformed its sector. Despite a year-to-date gain of 37.93%, recent trends show significant declines in both weekly and monthly returns, indicating bearish sentiment and reduced investor participation.
As of 14-Nov, Aluwind Infra-Tech Ltd's stock price is currently at 80.00, reflecting a decrease of 1.75, or 2.14%. The stock has underperformed its sector today by 0.86%. Additionally, the stock has shown a significant decline over the past week and month, with returns of -8.47% and -11.21%, respectively. Although the stock has performed well year-to-date with a gain of 37.93%, the recent trend indicates a drop in investor participation, as evidenced by a 20.29% decrease in delivery volume compared to the 5-day average. There are no positive or negative factors available to further explain the stock's recent movement.In the broader market context, the Sensex has gained 1.64% over the past week and 3.04% over the past month, contrasting sharply with Aluwind's negative returns during the same periods. This suggests that while the overall market is experiencing growth, Aluwind Infra-Tech is struggling to keep pace, which may be contributing to the downward pressure on its stock price. The stock's performance relative to its moving averages indicates that it is currently below several key short-term averages, which may further signal bearish sentiment among investors.
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