Why is Available Fin. falling/rising?
As of 08-Sep, Available Finance Ltd's stock price is 168.15, down 2.18% and has significantly underperformed with a year-to-date decline of 47.94%. Despite a short-term gain of 3.80% over the past week, its overall performance remains weak compared to the Sensex.
As of 08-Sep, Available Finance Ltd's stock price is currently at 168.15, reflecting a decline of 3.75, or 2.18%. The stock has been underperforming, having lost 3.86% over the last three days and showing a significant year-to-date decline of 47.94%. Today's trading saw the stock reach an intraday high of Rs 175.75 but also dip to a low of Rs 166.5. Additionally, the stock's performance today has underperformed its sector by 2.5%, and there has been a decrease in investor participation, with delivery volume falling by 6.98% compared to the five-day average. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.In the broader market context, the stock's short-term performance over the past week shows a gain of 3.80%, which is significantly better than the Sensex's increase of 0.53%. However, over the past month, Available Finance Ltd has declined by 1.95%, while the Sensex has risen by 1.16%. This indicates that while the stock has had some short-term recovery, its overall performance remains weak compared to the benchmark, particularly in the longer term, where it has underperformed significantly against the Sensex over the year and three years.
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