Why is Ashima falling/rising?

Sep 12 2025 10:05 PM IST
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As of 12-Sep, Ashima Ltd's stock price is at 23.60, down 1.46%, and has underperformed its sector. The stock is in a bearish trend, trading below all key moving averages, with significant declines in both short-term and year-to-date performance.
As of 12-Sep, Ashima Ltd's stock price is currently at 23.60, reflecting a decrease of 0.35, or 1.46%. The stock has underperformed its sector by 0.88% today and has experienced a trend reversal, falling after three consecutive days of gains. Additionally, Ashima is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, with a 22.49% drop compared to the 5-day average, suggesting a decline in investor participation. Year-to-date, the stock has fallen by 27.38%, while its performance over the past year shows a decline of 27.92%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.

Broader market context reveals that Ashima's short-term performance has been notably weaker than the benchmark, with a 1-week return of -3.28% compared to the Sensex's gain of 1.48%. Over the past month, Ashima has also underperformed, with a decline of 3.24% against the Sensex's increase of 2.08%. This underperformance in both the short and long term, combined with the declining investor interest and the stock's position relative to moving averages, suggests a challenging environment for Ashima Ltd in the current market.
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