Why is Available Fin. falling/rising?
As of 22-Sep, Available Finance Ltd's stock price is declining at 165.35, down 1.49%, and has underperformed its sector. The stock has been on a downward trend for three days, with a year-to-date decline of 48.81%, contrasting with the Sensex's gain of 5.15%.
As of 22-Sep, Available Finance Ltd is experiencing a decline in its stock price, currently at 165.35, which represents a decrease of 2.5 or 1.49%. The stock has underperformed its sector by 1.91% today and has been on a consecutive downward trend for the last three days, accumulating a total loss of 2.04% 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. Over the past week, the stock has fallen by 1.02%, and its year-to-date performance shows a significant decline of 48.81%, contrasting sharply with the Sensex, which has gained 5.15% during the same period. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.In the broader market context, the stock's recent performance has been notably weaker than the benchmark, as it has declined while the Sensex has shown a slight increase. This underperformance is evident in the 1-month and 1-year returns, where Available Finance Ltd has decreased by 2.65% and 62.64%, respectively, compared to the Sensex's gains of 1.05% and a slight decline of 2.82%. The rising investor participation, indicated by a 25.49% increase in delivery volume, suggests some interest in the stock, but it has not been sufficient to counteract the overall downward trend.
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