Why is Forge Auto falling/rising?

Sep 18 2025 11:54 PM IST
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As of 18-Sep, Forge Auto International Ltd's stock price is declining at 151.00, down 3.21%, with a significant drop in delivery volume and a recent 1-week decline of 8.18%. Despite a strong year-to-date return of 96.23%, its underperformance relative to the sector and the Sensex may be affecting investor sentiment.
As of 18-Sep, Forge Auto International Ltd is experiencing a decline in its stock price, currently at 151.00, which reflects a decrease of 5.0 or 3.21%. The stock has underperformed its sector by 3.85% today, and its delivery volume has significantly decreased by 61.11% compared to the 5-day average, indicating falling investor participation. Despite a strong year-to-date return of 96.23%, the stock has seen a 1-week decline of 8.18%, suggesting recent volatility and potential investor concerns. 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 Sensex has shown a positive return of 1.67% over the past week, contrasting with Forge Auto's negative performance. This underperformance relative to the benchmark may contribute to investor sentiment regarding the stock. While the stock has outperformed the benchmark over the past month with a return of 27.70%, the recent short-term decline could be causing apprehension among investors, leading to the current downward price movement.
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