Why is Aristo Bio-Tech falling/rising?
As of 18-Sep, Aristo Bio-Tech & Lifescience Ltd is priced at 138.00, down 0.72%. Despite this decline, the stock has performed well recently, with a 6.15% increase over the past week and a 25.45% rise over the past month, outperforming the benchmark Sensex.
As of 18-Sep, Aristo Bio-Tech & Lifescience Ltd is currently priced at 138.00, reflecting a decrease of 1.0, or 0.72%. Despite this recent decline, the stock has shown strong performance over the past week, with a return of 6.15%, and a notable 25.45% increase over the past month. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. The delivery volume on 16 September surged by 246.15% compared to the 5-day average, suggesting rising investor participation. However, there are no specific positive or negative factors available to further clarify the reasons behind the stock's recent price movement.In the broader market context, Aristo Bio-Tech's short-term performance has outpaced the benchmark Sensex, which has only increased by 1.67% over the past week. This indicates that while the stock is experiencing a slight decline today, it has been performing well relative to the market in the recent past. Over the past month, the stock's return of 25.45% significantly exceeds the Sensex's 2.20%, showcasing its strong position despite the current price drop.
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