Why is Avax Apparels falling/rising?

Jun 13 2025 11:07 PM IST
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As of 13-Jun, Avax Apparels and Ornaments Ltd is experiencing a decline in its stock price, currently at 119.20, down 0.04% and has fallen 10.38% over the past week, underperforming compared to the Sensex. Despite this bearish trend, there is increased investor interest indicated by a rise in delivery volume.
As of 13-Jun, Avax Apparels and Ornaments Ltd is experiencing a slight decline in its stock price, currently at 119.20, reflecting a decrease of 0.05 or 0.04%. The stock has been on a downward trend, having fallen consecutively for the last four days, resulting in a significant drop of 10.38% over the past week. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. However, there has been a rise in investor participation, with a 36.36% increase in delivery volume compared to the 5-day average, suggesting some interest despite the overall decline. There is no information available regarding positive or negative factors impacting the stock.

In the broader market context, Avax Apparels has underperformed relative to the benchmark, the Sensex, which has only declined by 1.30% over the past week. This stark contrast highlights the stock's significant weakness in comparison to the market. While the Sensex has shown a year-to-date increase of 3.81%, Avax Apparels has not provided year-to-date returns, further emphasizing its struggles in the current market environment. Overall, the stock's performance indicates a challenging situation, compounded by its recent price movements and relative underperformance against the benchmark.
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