Why is Ashapura Logi. falling/rising?

Nov 03 2025 11:59 PM IST
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As of 03-Nov, Ashapura Logistics Ltd is priced at 68.10, down 3.61%, and has underperformed its sector by 4.02%. The stock has seen significant declines over the past month and year-to-date, with weak investor participation and unfavorable market sentiment contributing to its current price drop.
As of 03-Nov, Ashapura Logistics Ltd is currently priced at 68.10, reflecting a decrease of 2.55, or 3.61%. The stock has underperformed its sector by 4.02% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable decline in investor participation, with delivery volume falling by 16.67% compared to the 5-day average. Over the past month, the stock has seen a significant decline of 11.73%, and year-to-date, it has dropped by 25.16%. Unfortunately, there is no available information regarding positive or negative factors that could further explain the stock's recent movement.

In the broader market context, Ashapura Logistics Ltd's short-term performance has been relatively weak compared to the benchmark, with a 1-week return of 0.15% against a decline of 0.78% in the Sensex. This indicates that while the stock has slightly outperformed the benchmark in the short term, its longer-term performance is concerning, with a year-over-year decline of 33.24% compared to a modest gain of 6.00% for the Sensex. The overall market sentiment appears to be unfavorable for Ashapura Logistics Ltd, contributing to its current price decline.
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