Why is Amiable Logistic falling/rising?
As of 20-Oct, Amiable Logistics India Ltd's stock price is 70.00, up 6.87% today, with strong short-term performance, including a 7.69% increase over the past week. Despite recent gains, the stock is down 19.54% year-to-date, underperforming the Sensex, which has risen by 9.30%.
As of 20-Oct, Amiable Logistics India Ltd is experiencing a price increase, currently at 70.00, reflecting a rise of 4.5 or 6.87%. The stock has shown a strong performance today, outperforming its sector by 6.51%. Additionally, the stock has demonstrated positive short-term returns, with a 7.69% increase over the past week and an 11.82% increase over the past month. Notably, there has been a significant rise in investor participation, with delivery volume on 17 October increasing by 400% compared to the 5-day average. However, the stock remains below its 100-day and 200-day moving averages, indicating some challenges in sustaining long-term momentum. The positive and negative factors dashboard is not available for further insights.In the broader market context, Amiable Logistics has outperformed the Sensex in the short term, with a 7.69% return over the past week compared to the Sensex's 2.44%. This trend continues over the past month, where the stock's 11.82% increase also surpasses the Sensex's 2.04% gain. However, it is important to note that year-to-date, the stock is down 19.54%, while the Sensex has risen by 9.30%, indicating that despite recent gains, the stock has struggled significantly over a longer time frame.
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