Why is Anka India falling/rising?

Oct 23 2025 10:50 PM IST
share
Share Via
As of 23-Oct, Anka India Ltd's stock price is rising at Rs 58.79, reflecting a 2.0% increase and a remarkable 35.37% return over the last eight days. Despite strong performance relative to the benchmark Sensex, a significant drop in investor participation raises concerns about the sustainability of this price movement.
As of 23-Oct, Anka India Ltd's stock price is rising, currently at Rs 58.79, reflecting an increase of 1.15 or 2.0%. The stock has been on an upward trend, gaining for the last eight days and achieving a remarkable 35.37% return during this period. It opened today with a 2% gain and reached an intraday high of Rs 58.79. The stock is performing well above its moving averages across various timeframes, indicating strong momentum. However, there has been a significant drop in investor participation, with delivery volume falling by 96.34% compared to the five-day average, which may raise concerns about the sustainability of this price movement. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent performance.

Broader market context shows that Anka India Ltd has significantly outperformed the benchmark Sensex, with a one-week return of 11.39% compared to the Sensex's 1.30%. Over the past month, the stock has also outpaced the benchmark, returning 8.85% against the Sensex's 2.99%. Year-to-date, Anka India has delivered an impressive 187.34% return, far exceeding the Sensex's 8.21%. This strong performance relative to the broader market suggests that investor sentiment towards Anka India remains positive, contributing to the stock's rising price despite the noted decline in trading volume.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News