Why is Forge Auto falling/rising?
As of 17-Sep, Forge Auto International Ltd's stock price is declining at 156.00, down 3.7%, with significant drops in investor participation. Despite a strong year-to-date return of 102.73%, the stock is underperforming its sector and the broader market, indicating potential short-term weakness.
As of 17-Sep, Forge Auto International Ltd is experiencing a decline in its stock price, currently at 156.00, which reflects a decrease of 6.0 or 3.7%. The stock has underperformed its sector by 4.41% today, and there has been a significant drop in investor participation, with delivery volume falling by 83.33% compared to the 5-day average. Despite the stock's impressive year-to-date return of 102.73% and a monthly increase of 26.01%, it is currently lower than the 5-day moving average, indicating a potential short-term weakness. Unfortunately, there is no available information regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, the stock's performance over the past week shows a slight decline of 0.48%, while the benchmark Sensex has gained 1.43% during the same period. This indicates that Forge Auto is lagging behind the market, contributing to the downward pressure on its price. The stock's strong year-to-date performance contrasts with its recent struggles, suggesting that while it has had a successful run, current market dynamics and reduced trading activity may be impacting investor sentiment negatively.
{{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
