Why is Fortis Malar falling/rising?
As of 04-Sep, Fortis Malar Hospitals Ltd's stock price is declining at 67.25, down 1.1%, and has underperformed its sector. The stock is trading below all key moving averages, indicating a bearish trend, while year-to-date performance remains positive at 10.25%, contrasting with recent short-term losses.
As of 04-Sep, Fortis Malar Hospitals Ltd is experiencing a decline in its stock price, currently at 67.25, which represents a decrease of 0.75 or 1.1%. The stock has underperformed its sector by 1.97% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 1.61% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, falling by 16.65% compared to the 5-day average, suggesting a reduction in investor participation. While the year-to-date performance shows a positive return of 10.25%, the stock has underperformed in the short term, with a 1-week return of -0.25% and a 1-month return of -0.78%.In the broader market context, the Sensex has shown a positive return of 0.80% over the past week, contrasting with Fortis Malar's negative performance. This indicates that while the overall market is gaining, Fortis Malar is lagging behind, which may contribute to investor sentiment regarding the stock. The stock's performance over the last three years and five years is also notably lower than the benchmark, with returns of 11.90% and 37.24% respectively, compared to the Sensex's 37.27% and 110.44%. This prolonged underperformance relative to the market may be influencing the current decline in stock price.
{{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
