Why is Forge Auto falling/rising?
As of 07-Aug, Forge Auto International Ltd's stock price is declining at 129.00, down 4.44%, with a recent two-day drop of 5.56%. Despite a strong year-to-date performance of 67.64%, recent trends indicate negative investor sentiment and potential liquidity issues.
As of 07-Aug, Forge Auto International Ltd is experiencing a decline in its stock price, currently at 129.00, which reflects a decrease of 6.0 or 4.44%. The stock has underperformed its sector today by 5.15% and has been on a consecutive downward trend for the last two days, with a total drop of 5.56% during this period. Additionally, the stock opened with a loss of 5% today and reached an intraday low of Rs 128.25. Over the past week, the stock has decreased by 4.44%, while it has shown a significant increase of 50.00% over the past month. However, the delivery volume has fallen by 28.57% against the 5-day average, indicating a decline in investor participation. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with a 1-week decline of 4.44% compared to the Sensex's decrease of only 0.70%. Despite a strong year-to-date performance of 67.64%, which significantly outpaces the Sensex's 4.02% increase, the recent price movements suggest a shift in investor sentiment or market conditions that are negatively impacting Forge Auto's stock. The erratic trading pattern, with the stock not trading on 3 out of the last 20 days, further complicates its market position, indicating potential liquidity issues.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
