Why is Amforge Inds. falling/rising?
As of 01-Aug, Amforge Industries Ltd's stock price is at 9.81, showing a slight increase of 0.2%. Despite recent positive short-term returns, the stock has underperformed year-to-date compared to the Sensex, although rising delivery volume suggests potential for recovery.
As of 01-Aug, Amforge Industries Ltd's stock price is currently at 9.81, reflecting a slight increase of 0.02, or 0.2%. The stock has shown a mixed performance recently, with a 1-week return of +0.10% compared to a decline of -1.06% in the Sensex. Over the past month, Amforge has outperformed the benchmark with a gain of +6.86% against the Sensex's -3.70%. However, the stock has underperformed its sector today by -1.18%. Notably, the delivery volume has significantly increased by 202.61% against the 5-day average, indicating rising investor participation. The stock is currently trading above its 50-day, 100-day, and 200-day moving averages, although it is below its 5-day and 20-day moving averages.In the broader market context, while Amforge Industries Ltd has shown positive short-term returns, the overall market sentiment appears to be weak, as indicated by the Sensex's decline. The stock's year-to-date performance is down -10.66%, contrasting with the Sensex's gain of +3.15%, suggesting that despite recent positive movements, the stock has struggled to maintain momentum over a longer period. The lack of specific positive or negative factors in the dashboard limits a deeper analysis of the underlying reasons for the stock's recent performance, but the rising investor participation could indicate a potential for recovery in the near term.
{{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
