Why is Amines & Plast. falling/rising?
As of 11-Nov, Amines & Plasticizers Ltd's stock price is Rs 199.65, down 2.3% and has declined 6.94% over the past week, underperforming against the Sensex. Despite increased investor participation, the stock remains in a bearish trend with significant year-to-date losses of 30.44%.
As of 11-Nov, Amines & Plasticizers Ltd is experiencing a decline in its stock price, currently at Rs 199.65, which reflects a decrease of Rs 4.7 or 2.3%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 6.94% over the past week. Despite opening with a gain of 5.21% today and reaching an intraday high of Rs 215.6, it ultimately touched a low of Rs 198. The stock is trading below all key moving averages, indicating a bearish trend, and has shown high volatility with an intraday volatility of 5.04%. While there has been a rise in investor participation, as evidenced by a 33.5% increase in delivery volume, the overall performance remains negative, with no positive factors noted in the dashboard.Broader market context shows that Amines & Plasticizers Ltd has significantly underperformed compared to the Sensex, which has gained 0.49% over the past week while the stock has dropped 6.94%. Year-to-date, the stock has decreased by 30.44%, contrasting sharply with the Sensex's increase of 7.34%. This stark difference highlights the stock's struggles in the current market environment, where it has not only lagged behind the benchmark but also faced considerable losses over the past year, further contributing to investor sentiment that may be driving the stock's recent decline.
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