Why is Artemis Electri. falling/rising?
As of 08-Aug, Artemis Electricals & Projects Ltd is currently priced at 26.56, reflecting a recent upward trend with a total return of 4.08% over the last two days. The stock is trading above all key moving averages and has outperformed the Sensex today, indicating strong momentum despite a slight decline over the past week.
As of 08-Aug, Artemis Electricals & Projects Ltd is experiencing a price increase, with its current price at 26.56, reflecting a change of 0.24 or 0.91% upward. The stock has shown a positive trend recently, gaining for the last two days and achieving a total return of 4.08% during this period. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. The rising investor participation, evidenced by a delivery volume increase of 0.82% against the 5-day average, further supports the stock's upward movement. However, there is no information available regarding positive or negative factors that could influence the stock's performance.In the broader market context, Artemis Electricals has outperformed the benchmark Sensex today by 2.41%. Over the past week, the stock has declined by 0.90%, which is slightly better than the Sensex's decline of 0.92%. In the longer term, the stock has shown a significant increase of 418.75% over the past three years, contrasting with the Sensex's 35.69% increase during the same period. Despite a year-to-date decline of 0.90%, the stock's recent performance suggests a recovery trend that may be appealing to investors compared to the benchmark's performance.
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