Why is Electro Force falling/rising?
As of 23-Sep, Electro Force (India) Ltd's stock price is at 39.00, down 1.02%, and has significantly underperformed its sector and the benchmark Sensex over various periods, with year-to-date and one-year declines of 30.73% and 45.53%, respectively. The stock's declining delivery volume and lack of influencing factors indicate reduced investor interest.
As of 23-Sep, Electro Force (India) Ltd is experiencing a decline in its stock price, currently at 39.00, reflecting a decrease of 0.4 or 1.02%. The stock has underperformed its sector by 0.36% today, and its delivery volume has fallen by 19.35% compared to the 5-day average, indicating a drop in investor participation. Over the past week, the stock has decreased by 0.76%, and it has shown significant declines over longer periods, with a year-to-date drop of 30.73% and a one-year decline of 45.53%. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.In the broader market context, the stock's performance contrasts with the benchmark Sensex, which has seen a slight decline of 0.28% over the past week and a positive return of 6.45% year-to-date. This underperformance highlights a concerning trend for Electro Force, as it has not only lagged behind the benchmark in the short term but also over longer periods, with a stark difference in returns compared to the Sensex. The overall market conditions appear to be more favorable than those for Electro Force, contributing to the stock's downward trajectory.
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