Why is AVI Polymers falling/rising?
As of 05-Sep, AVI Polymers Ltd's stock price is Rs 13.89, down 7.4%, and has underperformed its sector today. Despite a year-to-date increase of 11.03%, the stock has declined 37.01% over the last three years, indicating significant challenges in the current market.
As of 05-Sep, AVI Polymers Ltd is experiencing a decline in its stock price, currently at Rs 13.89, which represents a decrease of Rs 1.11 or 7.4%. The stock has underperformed its sector by 7.93% today and has opened with a loss of 4.67%. It has touched an intraday low of Rs 13.85 and is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 0.93%, and over the past month, it has fallen by 8.80%. Despite a year-to-date increase of 11.03% and a one-year return of 18.52%, the stock has shown significant underperformance over the last three years, with a decline of 37.01%. There is no information available regarding positive or negative factors that could influence the stock's recent movement.Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.13% over the past week and remained flat over the past month, AVI Polymers' short-term performance has been notably weaker. The Sensex has also shown a year-to-date increase of 3.29%, contrasting with AVI Polymers' recent struggles. This divergence highlights the challenges faced by AVI Polymers in the current market environment, as it continues to lag behind broader market trends.
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