Why is Ashram Online falling/rising?
As of 22-Sep, Ashram Online.com Ltd's stock price is at 4.90, down 3.92%, with a total decline of 12.97% over three days and a year-to-date drop of 20.97%. The stock is underperforming significantly compared to the Sensex, which has gained, highlighting ongoing challenges for Ashram Online.
As of 22-Sep, Ashram Online.com Ltd is experiencing a decline in its stock price, currently at 4.90, which represents a decrease of 0.2 or 3.92%. The stock has been underperforming significantly, with a consecutive fall over the last three days resulting in a total decline of 12.97%. It is trading below all key moving averages, indicating a bearish trend. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 43.35% compared to the five-day average. The stock has also shown poor performance over various time frames, including a year-to-date decline of 20.97% and a one-month drop of 17.51%, further emphasizing its struggles.In the broader market context, Ashram Online's recent performance contrasts sharply with the Sensex, which has gained 0.46% over the past week and 1.05% over the past month. While the benchmark has shown resilience, Ashram Online's stock has declined by 4.30% in the same week, highlighting its underperformance relative to the market. Over the past year, the stock has decreased by 25.08%, while the Sensex has only fallen by 2.82%. This stark difference in performance indicates that external market conditions are favoring the broader index, while Ashram Online continues to face significant challenges.
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