Why is Aurangabad Dist. falling/rising?
As of 24-Oct, Aurangabad Distillery Ltd's stock price is Rs 136.00, down 6.08% today and close to its 52-week low. The stock has significantly underperformed year-to-date with a decline of 37.61%, contrasting with the positive performance of the broader market.
As of 24-Oct, Aurangabad Distillery Ltd's stock price is currently at Rs 136.00, reflecting a decline of Rs 8.8 or 6.08%. The stock has underperformed today, with a performance that is 5.98% lower than its sector. Additionally, it is close to its 52-week low, being only 3.97% away from Rs 130.6. Over the past week, the stock has shown a slight increase of 0.93%, but it has significantly underperformed over the longer term, with a year-to-date decline of 37.61% and a one-year drop of 56.59%. The delivery volume has also decreased by 24.24% compared to the 5-day average, indicating falling investor participation, which may contribute to the stock's downward movement.In the broader market context, the Sensex has shown a positive return of 0.33% over the past week, contrasting with Aurangabad Distillery's modest gain. Over the past month, while the stock has decreased by 3.37%, the benchmark has increased by 2.95%, highlighting the stock's relative weakness. Year-to-date, the stock's performance is significantly lagging behind the Sensex, which has gained 9.09%. This disparity suggests that broader market conditions are favoring other investments, further pressuring Aurangabad Distillery's stock price.
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