Why is Asian Granito falling/rising?

Sep 23 2025 09:28 PM IST
share
Share Via
As of 23-Sep, Asian Granito India Ltd is priced at Rs 62.34, down 1.58%, and has underperformed its sector today. Despite a recent trend reversal and a significant increase in investor participation, the stock has a year-to-date decline of 7.64%, indicating overall weak performance relative to the market.
As of 23-Sep, Asian Granito India Ltd is currently priced at Rs 62.34, reflecting a decrease of Rs 1.0 or 1.58%. The stock has underperformed its sector by 0.67% today and has experienced a trend reversal, falling after four consecutive days of gains. It touched an intraday low of Rs 61.4, which is a decline of 3.06%. Despite this drop, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating some underlying strength. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 1928.7% against the 5-day average. However, there are no positive or negative factors provided to further explain the stock's recent movement.

In the broader market context, Asian Granito's performance over the past week shows a gain of 6.56%, contrasting with a slight decline of 0.34% in the Sensex. However, over the longer term, the stock has underperformed the benchmark, with a year-to-date decline of 7.64% compared to the Sensex's gain of 5.07%. This suggests that while there may be short-term fluctuations, the stock's overall performance remains weak relative to the market, contributing to its current price decline.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News