Why is Apoorva Leasing falling/rising?
As of 17-Sep, Apoorva Leasing Finance & Investment Co Ltd's stock price is Rs 35.01, down 2.99%, with a significant decline of 8.09% over the past week and 35.37% year-to-date. The stock is underperforming compared to the Sensex, indicating a lack of investor interest and liquidity issues.
As of 17-Sep, Apoorva Leasing Finance & Investment Co Ltd is experiencing a decline in its stock price, currently at Rs 35.01, which represents a decrease of Rs 1.08 or 2.99%. The stock has been underperforming, having lost 3.02% over the last two days and is currently trading at its intraday low. Additionally, the stock's performance over the past week shows a significant decline of 8.09%, while year-to-date, it has fallen by 35.37%. The delivery volume has also seen a drastic drop of 94.58% compared to the five-day average, indicating a lack of investor participation. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's movement.In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has gained 1.56% over the past week. While the stock has shown a positive return of 17.88% over the past month, its year-to-date performance remains significantly lower than the Sensex's 5.83% increase. This underperformance in the short term, coupled with declining investor interest and liquidity issues, suggests that the stock is struggling to attract buyers, leading to its current downward trend.
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