Why is Aris Interna. falling/rising?
As of 23-Sep, Aris International Ltd's stock price is at 548.00, down 0.35%, and has underperformed its sector today. Despite a recent decline, the stock has shown significant long-term gains, with year-to-date and one-year returns of 684.43% and 807.74%, respectively.
As of 23-Sep, Aris International Ltd's stock price is currently at 548.00, reflecting a decrease of 1.9, or 0.35%. The stock has underperformed its sector by 0.85% today and has experienced a trend reversal, falling after two consecutive days of gains. The stock touched an intraday low of Rs 523, marking a decline of 4.89%. Despite this drop, Aris International has shown strong performance over the longer term, with a year-to-date increase of 684.43% and a one-year return of 807.74%. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend, while rising investor participation is noted with a 15.77% increase in delivery volume compared to the 5-day average.In the broader market context, the stock's short-term performance over the past week shows a decline of 2.14%, while the benchmark Sensex has only decreased by 0.34%, indicating that Aris International is underperforming relative to the market. The significant year-to-date and one-year returns suggest that while the stock is currently facing a downturn, it has been on a remarkable upward trajectory overall. The liquidity of the stock appears sufficient for trading, as it is liquid enough for a trade size of Rs 0 crore based on 2% of the 5-day average traded value. However, the absence of specific positive or negative factors in the dashboard limits a more nuanced understanding of the current price movement.
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