Why is Aurangabad Dist. falling/rising?
As of 11-Nov, Aurangabad Distillery Ltd's stock price is Rs. 126.05, down 3.04%, marking a new 52-week low and significant underperformance against its sector and the broader market. The stock has declined 56.53% over the past year and is trading below all major moving averages, with a notable drop in investor participation.
As of 11-Nov, Aurangabad Distillery Ltd's stock price is currently at Rs. 126.05, reflecting a decrease of Rs. 3.95 or 3.04%. The stock has hit a new 52-week low today and has underperformed its sector by 3.57%. Additionally, it is trading below all significant moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The stock has also seen a significant drop in investor participation, with delivery volume falling by 86.84% compared to the 5-day average. Over the past year, the stock has declined by 56.53%, while its year-to-date performance shows a decrease of 42.18%. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.Broader market context indicates that while Aurangabad Distillery Ltd has experienced a decline, the benchmark Sensex has shown a slight increase of 0.38% over the past week. This stark contrast highlights the stock's underperformance relative to the broader market, particularly in the short term, where it has fallen by 7.11% over the past week compared to the Sensex's modest gain. The overall market sentiment appears to be more favorable than that of Aurangabad Distillery Ltd, contributing to the stock's downward trajectory.
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