Why is Fabtech Techn. falling/rising?
As of 15-Sep, Fabtech Technologies Cleanrooms Ltd's stock price is Rs 429.50, down 1.94% and has declined 4.34% over the last three days. The stock is underperforming its sector and the benchmark Sensex, indicating challenges in attracting investor interest.
As of 15-Sep, Fabtech Technologies Cleanrooms Ltd is experiencing a decline in its stock price, currently at Rs 429.50, which reflects a decrease of Rs 8.5 or 1.94%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 4.34% during this period. Additionally, the stock's performance today has underperformed its sector by 2.16%. The stock reached an intraday low of Rs 416.1, indicating a significant drop of 5%. Furthermore, the delivery volume has decreased by 43.18% compared to the 5-day average, suggesting a decline in investor participation. There is no information available regarding positive or negative factors impacting the stock.Broader market context shows that while Fabtech Technologies has seen a 7.46% increase over the past month, it has not kept pace with the benchmark Sensex, which has risen by 1.47% in the same timeframe. In the short term, the stock's recent performance is notably weaker than the benchmark, particularly as it has declined over the last week while the Sensex has gained 1.24%. This disparity indicates that the stock is facing challenges in attracting investor interest compared to the broader market trends.
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