Why is Ather Energy falling/rising?

Jul 03 2025 10:54 PM IST
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As of 03-Jul, Ather Energy Ltd's stock price is at 330.00, down 1.92% and underperforming its sector. Despite a recent decline, the stock has shown a positive return of 4.83% over the past month, outperforming the Sensex.
As of 03-Jul, Ather Energy Ltd's stock price is currently at 330.00, reflecting a decrease of 6.45 points or 1.92%. The stock has underperformed its sector today by 2.23% and has experienced a trend reversal after three consecutive days of gains. It touched an intraday low of Rs 323.85, indicating a decline of 3.74%. Additionally, the stock is 4.27% away from its 52-week high of Rs 344.1. The recent trading volume has shown a significant drop, with delivery volume falling by 47.83% against the five-day average, suggesting a decrease in investor participation. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.

In the broader market context, Ather Energy's stock has decreased by 1.74% over the past week, while the Sensex has only declined by 0.62%, indicating that the stock is underperforming relative to the benchmark. Over the past month, however, Ather Energy has shown a positive return of 4.83%, outperforming the Sensex's 3.10% gain. This suggests that while the stock is currently facing a decline, it has had a stronger performance in the longer term compared to the broader market.
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