Why is Amiable Logistic falling/rising?
As of 20-Jun, Amiable Logistics India Ltd's stock price is 75.90, up 5.64%, but it has declined 6.30% over the past month and 12.76% year-to-date, underperforming the broader market. Despite today's rise and increased delivery volume, the stock has struggled to maintain investor confidence.
As of 20-Jun, Amiable Logistics India Ltd is experiencing a price increase, with the current price at 75.90, reflecting a rise of 4.05 or 5.64%. Today's performance indicates that the stock has outperformed its sector by 5.25%. Additionally, the stock's delivery volume has increased by 42.86% compared to the 5-day average, suggesting rising investor participation. However, despite today's positive movement, the stock has shown a decline of 6.30% over the past month and a year-to-date drop of 12.76%, indicating a challenging performance relative to the broader market.In the broader market context, the Sensex has increased by 1.59% over the past week and 1.74% over the past month, contrasting with Amiable Logistics' slight decline in the same periods. This suggests that while the stock is currently rising, it has not kept pace with the overall market trends, as evidenced by its negative returns year-to-date and over the past month. The stock's performance relative to the benchmark indicates that it has struggled to maintain investor confidence in the longer term, despite today's positive movement.
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