Why is Available Fin. falling/rising?
As of 29-Jul, Available Finance Ltd's stock price is Rs. 174.00, down 0.34%, and has reached a new 52-week low. The stock has declined 8.42% over the last eight days and significantly underperformed the Sensex, dropping 46.13% year-to-date.
As of 29-Jul, Available Finance Ltd's stock price is currently at Rs. 174.00, reflecting a decrease of Rs. 0.6 or 0.34%. The stock has been underperforming significantly, having hit a new 52-week low of Rs. 170 today. It has experienced a consecutive fall for the last eight days, resulting in a total decline of 8.42% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased by 26.18% compared to the 5-day average, suggesting a decline in investor participation.In the broader market context, Available Finance Ltd's performance over the past week shows a decline of 7.05%, while the Sensex has only fallen by 1.03%, indicating that the stock is underperforming relative to the benchmark. Over the past month, the stock has dropped 12.83%, compared to a 3.24% decline in the Sensex. Year-to-date, the stock has plummeted by 46.13%, contrasting sharply with the Sensex's gain of 4.09%. This stark difference highlights the challenges faced by Available Finance Ltd in the current market environment.
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