Why is Atlantaa falling/rising?
As of 12-Nov, Atlantaa Ltd's stock price is Rs 48.00, up 4.99% today, with a strong performance over the last two days and a significant increase in delivery volume. Despite a 17.77% decline this month, the stock has a robust long-term return of 153.30% over three years.
As of 12-Nov, Atlantaa Ltd's stock price is currently at Rs 48.00, reflecting an increase of Rs 2.28, or 4.99%. The stock has shown a strong performance today, outperforming its sector by 4.64% and achieving a consecutive gain over the last two days, with a total return of 10.22% during this period. Additionally, the stock's delivery volume has significantly increased by 82.72% compared to the 5-day average, indicating rising investor participation. While the stock has had a challenging month with a decline of 17.77%, it has performed well over the last week with a gain of 3.43%.In the broader market context, the Sensex has increased by 1.21% over the past week, suggesting that Atlantaa's short-term performance is notably stronger than the benchmark. Despite the stock's year-to-date decline of 0.93% compared to the Sensex's gain of 8.10%, its long-term performance remains robust, with a 3-year return of 153.30% and a 5-year return of 654.72%. This indicates that while there may be short-term volatility, the stock has historically provided substantial returns, contributing to its current upward movement.
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