Why is Ameya Precision falling/rising?
As of 19-Sep, Ameya Precision Engineers Ltd is priced at 101.15, down 0.49%, and has underperformed its sector and the broader market, with a year-to-date decline of 12.99%. The stock is trading below all key moving averages, and investor participation has decreased significantly.
As of 19-Sep, Ameya Precision Engineers Ltd is currently priced at 101.15, reflecting a decrease of 0.5, or 0.49%. The stock has underperformed its sector today by 0.43%, and it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a notable decline in investor participation, with delivery volume falling by 11.76% compared to the 5-day average. Over the past month, the stock has seen a decline of 4.71%, and year-to-date, it is down by 12.99%. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.In the broader market context, the stock's performance over the past week has remained flat at 0.00%, while the benchmark Sensex has increased by 0.85%. This indicates that Ameya Precision is not keeping pace with the market, which may contribute to investor concerns. Over the past month, while the Sensex has gained 1.39%, Ameya Precision's decline of 4.71% further highlights its underperformance. The year-to-date comparison shows a stark contrast, with the Sensex up by 7.11% against Ameya Precision's significant drop, suggesting that the stock is struggling in a generally positive market environment.
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