Why is Anna Infrastruct falling/rising?
As of 12-Nov, Anna Infrastructures Ltd's stock price is Rs 30.90, down 4.89% and has declined 17.09% over the last six days. It is underperforming compared to the Sensex and has seen decreased trading volume, indicating a bearish trend.
As of 12-Nov, Anna Infrastructures Ltd is experiencing a decline in its stock price, currently at Rs 30.90, which reflects a decrease of Rs 1.59 or 4.89%. The stock has been underperforming significantly, having fallen for the last six consecutive days, resulting in a total decline of 17.09% during this period. Additionally, the stock's performance today has underperformed its sector by 4.34%. The trading volume has also decreased, with a delivery volume of 588 on November 11, which is down by 27.75% compared to the five-day average. The stock is trading above its 200-day moving average but below its shorter-term moving averages, indicating a potential bearish trend. There are no positive or negative factors provided that could further explain the stock's recent movement.In the broader market context, the stock's short-term performance has been notably poor compared to the benchmark Sensex, which has gained 1.21% over the past week. While Anna Infrastructures has shown a slight increase of 0.26% over the past month, it still lags behind the Sensex's 2.38% gain during the same period. Year-to-date, the stock has decreased by 0.61%, contrasting with the Sensex's 8.10% increase, indicating a significant underperformance in comparison to the broader market trends.
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