Why is Electro Force falling/rising?
As of 11-Sep, Electro Force (India) Ltd's stock price is declining at 39.80, down 3.28%, and has underperformed its sector significantly. The stock has shown a consistent downward trend over various time frames, with a year-to-date decline of 29.31% compared to a 5.75% gain in the Sensex.
As of 11-Sep, Electro Force (India) Ltd is experiencing a decline in its stock price, currently at 39.80, which reflects a decrease of 1.35 or 3.28%. The stock has underperformed its sector by 3.06% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 21.05% compared to the 5-day average. Over the past week, the stock has decreased by 4.10%, and it has shown significant declines over the past month and year, with returns of -13.48% and -45.03%, respectively. Unfortunately, there is no information available regarding positive or negative factors that could be influencing the stock's recent movement.In the broader market context, the stock's short-term performance has been notably weaker than the benchmark, as the Sensex has gained 1.10% over the past week while Electro Force has lost 4.10%. This stark contrast indicates that while the overall market is experiencing a positive trend, Electro Force is struggling significantly, which may be contributing to the downward pressure on its stock price. The year-to-date performance also highlights this disparity, with Electro Force down 29.31% compared to the Sensex's increase of 5.75%, further emphasizing the challenges faced by the company in the current market environment.
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