Why is Forge Auto falling/rising?

Sep 24 2025 12:13 AM IST
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As of 23-Sep, Forge Auto International Ltd's stock price is at 150.00, down 1.32%, and has underperformed its sector today. Despite strong long-term gains, recent short-term declines indicate negative investor sentiment amid broader market conditions.
As of 23-Sep, Forge Auto International Ltd is experiencing a decline in its stock price, currently at 150.00, which reflects a decrease of 2.0 or 1.32%. The stock has underperformed its sector by 0.51% today, despite being higher than its 20-day, 50-day, 100-day, and 200-day moving averages. However, it is lower than its 5-day moving average. Notably, there has been a significant increase in investor participation, with delivery volume rising by 102.13% against the 5-day average. Over the past week, the stock has seen a decline of 7.41%, while it has performed positively over the past month with a return of 23.15% year-to-date, showing a substantial increase of 94.93%.

In the broader market context, the Sensex has only decreased by 0.28% over the past week, indicating that the stock's recent decline is more pronounced compared to the benchmark. While the stock has shown strong performance over the longer term, with a 23.15% increase in the last month and a 94.93% increase year-to-date, the short-term underperformance suggests that current market conditions may be affecting investor sentiment negatively. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
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