Why is Ashtasidhhi Ind falling/rising?

Oct 29 2025 10:14 PM IST
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As of 29-Oct, Ashtasidhhi Industries Ltd's stock price is declining at 20.05, down 1.96%, with a total loss of 4.11% over the past three days. Despite a positive long-term performance, recent trends indicate unfavorable investor sentiment and a significant drop in delivery volume.
As of 29-Oct, Ashtasidhhi Industries Ltd is experiencing a decline in its stock price, currently at 20.05, which represents a decrease of 0.4 or 1.96%. The stock has underperformed its sector by 2.02% today and has been on a downward trend for the past three days, accumulating a total loss of 4.11% during this period. Additionally, the stock's performance over the last week shows a decline of 3.61%, while it has performed better over the last month with a gain of 14.83%. However, the recent drop in delivery volume by 78.93% against the 5-day average indicates falling investor participation, which may contribute to the stock's current downward movement.

In the broader market context, the stock's short-term performance is notably weaker compared to the benchmark Sensex, which has gained 0.68% over the past week. While the stock has shown positive returns over the longer term, such as a 17.25% increase over the past year and a 60.27% rise over three years, its year-to-date performance remains negative at -11.13%, contrasting sharply with the Sensex's positive return of 8.78% in the same timeframe. This disparity suggests that while Ashtasidhhi Industries Ltd has had periods of growth, recent trends and investor sentiment are currently unfavorable, leading to the observed decline in its stock price.
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