Why is Amic Forging falling/rising?

Sep 10 2025 11:21 PM IST
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As of 10-Sep, Amic Forging Ltd's stock price is 1,451.05, having increased by 0.39% after three days of decline, but it underperformed its sector. Despite a recent recovery, the stock has shown inconsistent performance compared to the broader market, with a year-to-date rise of 7.10% but a one-year decline of 7.81%.
As of 10-Sep, Amic Forging Ltd's stock price is currently at 1,451.05, reflecting an increase of 5.7, or 0.39%. The stock has shown a trend reversal, gaining after three consecutive days of decline. However, it underperformed its sector by 0.39% today. In terms of returns, the stock has seen a 1-month increase of 2.28% and a year-to-date rise of 7.10%, despite a one-year decline of 7.81%. The stock's delivery volume has decreased by 12.06% compared to the 5-day average, indicating falling investor participation. The stock is currently trading above its 200-day moving average but below its shorter-term moving averages.

Broader Market Context: In the short term, Amic Forging's performance has lagged behind the benchmark Sensex, which has increased by 1.06% over the past week, while Amic Forging has declined by 1.56%. Over the past month, however, both the stock and the benchmark have shown positive returns, with the Sensex up 1.96%. This context suggests that while Amic Forging is experiencing a slight recovery today, its overall performance has been inconsistent compared to the broader market trends.
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