Why is Avax Apparels falling/rising?
As of 11-Jun, Avax Apparels and Ornaments Ltd's stock price is Rs 125.50, down 4.2%, and has underperformed its sector and the benchmark Sensex significantly over the past week and month. The stock has seen a 62.96% drop in delivery volume, indicating reduced investor interest.
As of 11-Jun, Avax Apparels and Ornaments Ltd is experiencing a decline in its stock price, currently at Rs 125.50, which represents a decrease of Rs 5.5 or 4.2%. The stock has underperformed its sector by 4.01% today and has been on a consecutive downward trend for the last two days, with a total decline of 5.64% over the past week. It opened with a loss of 4.2% and reached an intraday low of Rs 125.5. Additionally, the stock's delivery volume has significantly decreased by 62.96% compared to the 5-day average, indicating falling investor participation. There is no information available regarding positive or negative factors impacting the stock.In the broader market context, the stock's performance has been notably weaker compared to the benchmark Sensex, which has gained 1.87% over the past week while Avax Apparels has lost 5.64%. This stark contrast highlights the stock's underperformance relative to the market. Furthermore, over the past month, Avax Apparels has declined by 6.34%, while the Sensex has increased by 3.85%, further emphasizing the stock's struggles in the current market environment.
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