Why is Ashapura falling/rising?

Jul 02 2025 11:00 PM IST
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As of 02-Jul, Ashapura Logistics Ltd is priced at 65.50, down 0.68%, and has underperformed its sector and the Sensex significantly. Despite a recent increase in investor participation, the stock has declined 28.02% year-to-date, indicating ongoing struggles in a challenging market environment.
As of 02-Jul, Ashapura Logistics Ltd is currently priced at 65.50, reflecting a decrease of 0.45, or 0.68%. The stock has underperformed its sector by 0.73% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 4.10%, and in the last month, it has dropped by 12.90%. Despite this decline, there has been a notable increase in investor participation, with delivery volume rising by 50% against the 5-day average, indicating some interest in the stock. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.

In the broader market context, Ashapura's performance has been significantly weaker compared to the Sensex, which has gained 0.83% over the past week and 2.98% over the past month. Year-to-date, Ashapura has seen a decline of 28.02%, while the Sensex has increased by 7.65%. This stark contrast highlights the stock's struggles relative to the overall market, suggesting that external market conditions may not be favoring Ashapura at this time.
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