Why is Amkay Products falling/rising?

Sep 05 2025 11:06 PM IST
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As of 05-Sep, Amkay Products Ltd's stock price is Rs 51.30, down 5.0%, and has underperformed its sector and the broader market significantly over the past week, month, and year. Despite increased investor participation, the stock's erratic trading and overall decline indicate a lack of confidence among investors.
As of 05-Sep, Amkay Products Ltd is experiencing a decline in its stock price, currently at Rs 51.30, which represents a decrease of Rs 2.7 or 5.0%. The stock has underperformed its sector today by 6.84%, opening with a loss of 4.91% and touching an intraday low of Rs 51.3. Over the past week, the stock has seen a return of -5.87%, and it has also underperformed over the past month and year, with declines of 8.39% and 26.71%, respectively. Although the stock has been trading erratically, with no trades on four out of the last twenty days, there has been a notable increase in investor participation, as evidenced by a 100% rise in delivery volume on September 2 compared to the five-day average. Unfortunately, the positive and negative factors dashboard is unavailable, which limits further analysis of specific influences on the stock's movement.

Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.13% over the past week, Amkay Products' performance has been significantly weaker, indicating a divergence from broader market trends. The Sensex has remained flat over the past month and has a year-to-date return of 3.29%, contrasting sharply with Amkay's year-to-date decline of 17.79%. This underperformance suggests that broader market conditions are favoring other stocks, while Amkay Products is struggling to maintain investor confidence amidst its recent price movements.
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