Why is Aurangabad Dist. falling/rising?
As of 09-Oct, Aurangabad Distillery Ltd's stock price is Rs. 132.25, down 2.83% and at a new 52-week low, underperforming its sector and showing significant declines in investor participation and overall performance. The stock has dropped 39.33% year-to-date and 56.54% over the past year, contrasting sharply with positive movements in the broader market.
As of 09-Oct, Aurangabad Distillery Ltd's stock price is currently at Rs. 132.25, reflecting a decrease of Rs. 3.85 or 2.83%. The stock has hit a new 52-week low today, indicating significant downward pressure. It has underperformed its sector by 3.15% and is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a notable decline in investor participation, with delivery volume dropping by 44.44% compared to the 5-day average. The stock's performance over various periods shows a substantial decline, with a year-to-date drop of 39.33% and a one-year decline of 56.54%, highlighting ongoing challenges.In the broader market context, the Sensex has shown positive movement, gaining 1.39% over the past week and 1.26% over the past month, contrasting sharply with Aurangabad Distillery's 7.19% and 8.16% declines in the same periods. This disparity suggests that while the overall market is experiencing gains, Aurangabad Distillery is struggling significantly, which may be contributing to investor concerns and the stock's continued decline. The lack of positive factors in the dashboard further emphasizes the challenges faced by the company in the current market environment.
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