Why is Artificial Elect falling/rising?
As of 19-Nov, Artificial Electronics Intelligent Material Ltd's stock price is Rs 167.55, down 4.99%, marking a total decline of 11.89% over the last four days and a year-to-date drop of 56.24%. The stock is underperforming relative to the sector and the broader market, with reduced investor interest indicated by a 31.37% drop in delivery volume.
As of 19-Nov, Artificial Electronics Intelligent Material Ltd is experiencing a decline in its stock price, currently at Rs 167.55, which reflects a decrease of Rs 8.8 or 4.99%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 11.89% during this period. Today's performance indicates that the stock opened with a loss of 4.99% and has not fluctuated from this price. Additionally, the stock's year-to-date performance shows a significant decline of 56.24%, while it has also underperformed the sector by 7.75%. There is a notable decrease in investor participation, with delivery volume dropping by 31.37% compared to the five-day average, indicating reduced interest in trading the stock.In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 0.85% over the past week and 1.47% over the past month. While the stock has shown a positive return of 6.65% over the past month, its year-to-date and one-year returns are significantly negative, highlighting a troubling trend compared to the benchmark's positive performance of 9.02% and 9.81%, respectively. The IT - Software sector has seen a gain of 2.73%, further emphasizing the stock's underperformance in a rising market. Overall, the combination of declining stock price, reduced trading volume, and negative returns relative to the benchmark suggests a challenging environment for Artificial Electronics Intelligent Material Ltd.
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