Why is Enbee Trade falling/rising?
As of 13-Oct, Enbee Trade & Finance Ltd's stock price is declining at 0.43, down 2.27%, and has underperformed its sector and the broader market significantly, with a year-to-date drop of 71.49%. The stock is trading below all major moving averages, indicating weak investor participation and a stark contrast to the positive performance of the Sensex.
As of 13-Oct, Enbee Trade & Finance Ltd is experiencing a decline in its stock price, currently at 0.43, which reflects a decrease of 0.01 or 2.27%. The stock has underperformed its sector by 3.2% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the delivery volume has decreased by 8.23% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has dropped by 2.27%, and it has seen significant declines over longer periods, with a year-to-date drop of 71.49% and a one-year decline of 61.50%. There is no information available regarding positive or negative factors impacting the stock.In the broader market context, the Sensex has shown a positive return of 0.66% over the past week, contrasting sharply with Enbee Trade's decline. This underperformance is evident as the stock has not only lagged behind the benchmark in the short term but also over longer periods, with a staggering 89.42% drop over three years compared to the Sensex's gain of 43.84%. The stark difference in performance suggests that while the overall market may be experiencing growth, Enbee Trade is struggling significantly, leading to its current price decline.
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