Why is Amiable Logistic falling/rising?
As of 19-Sep, Amiable Logistics India Ltd is priced at 62.60, with a year-to-date decline of 28.05% and recent underperformance compared to the Sensex, which has gained 7.11%. The stock shows reduced investor interest and is trading below all key moving averages, indicating significant challenges for the company.
As of 19-Sep, Amiable Logistics India Ltd is currently priced at 62.60, with no change in price (0.00%). The stock has underperformed in recent weeks, showing a decline of 2.95% over the past week and 9.41% over the past month. Additionally, the year-to-date return is down by 28.05%, indicating significant challenges for the company. Today's performance summary indicates that the stock has outperformed its sector by 0.66%, but it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Furthermore, there has been a notable decrease in investor participation, with delivery volume falling by 28.57% compared to the 5-day average, suggesting reduced interest in trading the stock.In the broader market context, while the Sensex has shown a positive return of 0.85% over the past week and 1.39% over the past month, Amiable Logistics has struggled significantly, highlighting a stark contrast between the stock's performance and the benchmark index. The year-to-date performance of the stock is particularly concerning, as it has declined while the Sensex has gained 7.11%. This divergence indicates that the stock is facing specific challenges that are not affecting the broader market, contributing to its recent price stagnation and overall negative sentiment among investors.
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