Why is ARC Finance falling/rising?
As of 07-Nov, ARC Finance Ltd's stock price is at 0.75, down 1.32%, and has significantly underperformed its sector and the broader market. Year-to-date, it has declined by 45.26%, indicating company-specific issues contributing to its poor performance compared to the Sensex, which has gained 6.50%.
As of 07-Nov, ARC Finance Ltd's stock price is currently at 0.75, reflecting a decrease of 0.01 or 1.32%. The stock has underperformed its sector by 1.52% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 1.32%, while its performance over the last month shows a more significant drop of 3.85%. Year-to-date, the stock has plummeted by 45.26%, and over the past year, it has fallen by 72.22%. Despite a rise in investor participation, with delivery volume increasing by 7.49% against the 5-day average, there are no positive or negative factors available to provide further context for the stock's recent movement.In the broader market context, the stock's short-term performance has been worse than the benchmark, with the Sensex declining by only 0.86% over the same week. This indicates that while the market as a whole has experienced a slight downturn, ARC Finance has fared even worse, suggesting company-specific issues may be contributing to its decline. The stark contrast in year-to-date performance, with the Sensex gaining 6.50% while ARC Finance has lost significant value, further emphasizes the challenges facing the company in comparison to the overall market.
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