Why is Amic Forging falling/rising?

Jul 04 2025 10:44 PM IST
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As of 04-Jul, Amic Forging Ltd's stock price is 1,657.00, down 0.12% after a recent decline, despite a positive long-term performance. The decrease in delivery volume indicates waning investor interest, contributing to the stock's short-term underperformance compared to the Sensex.
As of 04-Jul, Amic Forging Ltd's stock price is currently at 1,657.00, reflecting a decrease of 2.0, or 0.12%. The stock has been underperforming recently, having fallen for the last two days with a total decline of 1.28%. Despite this short-term drop, the stock has shown positive performance over longer periods, with a 4.02% increase over the past week and a 9.01% increase over the past month. However, investor participation appears to be waning, as the delivery volume has decreased by 43.49% compared to the five-day average, indicating a potential lack of interest from investors. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movements.

In the broader market context, Amic Forging's recent performance contrasts with the Sensex, which has declined by 0.74% over the past week. While the stock has outperformed the benchmark in the longer term, with a year-to-date return of 22.31% compared to the Sensex's 6.77%, the current short-term underperformance may be contributing to the recent price decline. The stock's liquidity remains adequate for trading, but the falling delivery volume suggests a cautious sentiment among investors, which could be impacting the stock's price negatively in the short term.
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