Why is Aris Interna. falling/rising?
As of 30-Sep, Aris International Ltd's stock price is Rs 511.00, down 4.49%, with a recent decline of 9.55% over three days. Despite short-term challenges, the stock has significantly outperformed the market year-to-date with a gain of 631.46%.
As of 30-Sep, Aris International Ltd's stock price is currently at Rs 511.00, reflecting a decrease of Rs 24.0 or 4.49%. The stock has been on a downward trend, having underperformed its sector by 3.87% today and experiencing a consecutive fall over the last three days, resulting in a total decline of 9.55% during this period. The stock opened with a loss of 4.49% and reached an intraday low of Rs 511. Despite being higher than the 100-day and 200-day moving averages, it is lower than the 5-day, 20-day, and 50-day moving averages. Notably, there has been a rise in investor participation, with delivery volume increasing by 19.57% against the 5-day average, indicating some interest despite the price drop.In the broader market context, the stock's performance over the past week shows a decline of 2.31%, which is slightly worse than the Sensex's decline of 2.23%. However, over the past month, Aris International Ltd has outperformed the benchmark with a return of 16.12% compared to the Sensex's 0.57%. Year-to-date, the stock has shown an impressive gain of 631.46%, significantly outpacing the Sensex's 2.72%. This suggests that while the stock is currently facing short-term challenges, its long-term performance remains strong relative to the market.
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