Why is Effwa Infra falling/rising?
As of 13-Jun, Effwa Infra & Research Ltd's stock price is at 234.45, down 3.12%, with significant declines in delivery volume and underperformance compared to its sector and the broader market. The stock has seen a 6.18% decline over the past week and a 6.26% drop year-to-date, indicating weak investor interest and negative sentiment.
As of 13-Jun, Effwa Infra & Research Ltd is experiencing a decline in its stock price, currently at 234.45, which represents a decrease of 7.55 or 3.12%. The stock has underperformed its sector by 2.4% today, and its delivery volume has significantly dropped by 77.92% compared to the 5-day average, indicating falling investor participation. In terms of returns, the stock has seen a 6.18% decline over the past week and a 6.26% drop year-to-date, contrasting with a modest 3.97% gain over the past month. The stock's performance is mixed, as it is currently above the 50-day and 100-day moving averages but below the 5-day, 20-day, and 200-day moving averages. There is no information available regarding positive or negative factors impacting the stock.Broader market context shows that while Effwa Infra has struggled recently, the benchmark Sensex has only declined by 1.14% over the past week and has gained 4.54% year-to-date. This suggests that the stock's short-term performance is significantly worse than the broader market, highlighting its underperformance relative to the benchmark. The stock's liquidity remains adequate for trading, but the overall negative sentiment and reduced investor participation may be contributing to its current price decline.
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