Why is Facor Alloys falling/rising?
As of 07-Aug, Facor Alloys Ltd's stock price is at 3.50, having increased by 1.45% recently, with a notable short-term gain of 6.38%. However, it has a year-to-date decline of 29.72% and a one-year drop of 50.00%, indicating long-term challenges despite recent outperformance against the Sensex.
As of 07-Aug, Facor Alloys Ltd's stock price is currently at 3.50, reflecting an increase of 0.05 or 1.45%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 6.38% during this period. Additionally, it has outperformed its sector by 0.79%. The stock's delivery volume on 06 August has significantly increased by 247.15% compared to the 5-day average, indicating rising investor participation. However, while the stock has performed well in the short term, it has a year-to-date decline of 29.72% and a one-year drop of 50.00%, suggesting that it has faced considerable challenges over a longer timeframe. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, Facor Alloys has outperformed the Sensex in the short term, with a 1-week return of 9.37% compared to the benchmark's decline of 0.69%. This short-term performance contrasts sharply with its longer-term results, where the stock has underperformed the Sensex over the past month, year-to-date, and year, indicating that while the stock is experiencing a temporary rise, it has struggled significantly in the broader market over time.
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