Why is Empower India falling/rising?
As of 06-Nov, Empower India Ltd's stock price is 1.84, down 2.13%, and has underperformed significantly with an 11.11% loss over the last six days and a 20.35% drop over the past year, contrasting with the Sensex's positive performance. The stock's declining delivery volume and negative returns indicate challenges in attracting investor interest.
As of 06-Nov, Empower India Ltd's stock price is currently at 1.84, reflecting a decrease of 0.04, or 2.13%. The stock has been underperforming, having lost 11.11% over the last six days and showing a 7.54% decline over the past week. Additionally, the stock's performance today was 1.55% worse than its sector, and the delivery volume has decreased by 11.47% compared to the five-day average, indicating falling investor participation. The stock's returns over various periods also show a concerning trend, with an 8.00% decline year-to-date and a significant 20.35% drop over the past year, while it has outperformed the benchmark over the five-year period with a return of 1126.67%.In the broader market context, the Sensex has shown a relatively stable performance, gaining 1.86% over the past month and 6.62% year-to-date, contrasting sharply with Empower India's negative returns. The stock's recent struggles are evident as it has consistently underperformed against the benchmark, particularly in the short term, where it has declined significantly compared to the Sensex's modest losses of 1.30% over the past week. This disparity highlights the challenges Empower India is facing in attracting investor interest amidst a generally more favorable market environment.
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