Why is Asian Granito falling/rising?

Aug 05 2025 09:28 PM IST
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As of 05-Aug, Asian Granito India Ltd's stock price is at 57.43, showing a slight increase today but a decline of 10.55% over the past month. The stock has underperformed significantly year-to-date and over the past year compared to the broader market.
As of 05-Aug, Asian Granito India Ltd's stock price is currently at 57.43, reflecting an increase of 0.24 or 0.42%. Despite this slight uptick today, the stock has shown a negative trend over the past week, with a decline of 2.50%, and a more significant drop of 10.55% over the past month. The stock is currently trading above its 100-day moving average but below its 5-day, 20-day, 50-day, and 200-day moving averages. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 16.44% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.

Broader market context indicates that while Asian Granito has outperformed its sector by 0.73% today, its longer-term performance remains concerning. The stock has declined by 14.92% year-to-date, contrasting sharply with the Sensex, which has gained 3.29% in the same period. Over the past year, Asian Granito's performance has been even more disappointing, with a decrease of 25.72% compared to the Sensex's modest increase of 2.48%. This disparity highlights the challenges the company faces in the current market environment, despite today's minor gain.
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