Why is Amraworld Agrico falling/rising?
As of 15-Sep, Amraworld Agrico Ltd's stock price is 0.92, up 1.1% recently, but it has declined 31.34% year-to-date and 2.13% over the past month. Despite short-term gains, the stock's longer-term performance remains weak compared to the broader market.
As of 15-Sep, Amraworld Agrico Ltd's stock price is currently at 0.92, reflecting an increase of 0.01 or 1.1%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 3.37%. It has outperformed its sector by 0.95% today. However, despite this recent uptick, the stock has experienced a decline of 2.13% over the past month and a significant year-to-date drop of 31.34%. The stock's current price is higher than its 5-day moving average but remains below the longer-term moving averages of 20, 50, 100, and 200 days. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 31.41% compared to the 5-day average.In the broader market context, the stock's short-term performance over the past week shows a gain of 1.10%, which is slightly below the benchmark Sensex's increase of 1.24%. While the stock has outperformed its sector today, its longer-term performance remains concerning, with a year-over-year decline of 18.58% compared to a slight decrease of 1.33% for the Sensex. This indicates that while there may be some positive momentum in the short term, the stock is still struggling significantly in the longer term relative to the broader market.
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