Why is Ambar Protein falling/rising?
As of 24-Jul, Ambar Protein Industries Ltd's stock price is declining at 347.40, down 1.99% after nine consecutive days of losses totaling 16.56%. Despite this short-term downturn, the stock has a strong long-term performance with a year-to-date increase of 79.53%.
As of 24-Jul, Ambar Protein Industries Ltd is experiencing a decline in its stock price, currently at 347.40, which reflects a decrease of 7.05 or 1.99%. The stock has been on a downward trend, having lost value for the last nine consecutive days, resulting in a total decline of 16.56% during this period. Despite this recent downturn, the stock has shown strong performance over the longer term, with a year-to-date increase of 79.53% and a one-year increase of 133.23%. The stock's performance today has underperformed its sector by 2.25%, and while it is trading above its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages. Additionally, there has been a significant rise in investor participation, with delivery volume increasing by 906.67% against the 5-day average.In the broader market context, the stock's performance over the past week shows a decline of 9.57%, while the benchmark Sensex has only decreased by 0.09%, indicating that Ambar Protein is underperforming relative to the market. Over the past month, however, the stock has outperformed the Sensex, gaining 34.16% compared to the benchmark's 0.16% increase. This suggests that while the stock is currently facing challenges, its longer-term trajectory remains positive compared to the broader market. The absence of specific positive or negative factors in the dashboard limits a deeper analysis of the reasons behind the stock's recent movements.
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