Why is Fortis Malar falling/rising?

Sep 17 2025 10:09 PM IST
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As of 17-Sep, Fortis Malar Hospitals Ltd is priced at 66.38, up 1.04%. Despite a year-to-date return of 8.82%, the stock has recently underperformed compared to the benchmark, with a decline of 3.24% over the past week and reduced investor participation.
As of 17-Sep, Fortis Malar Hospitals Ltd is currently priced at 66.38, reflecting an increase of 0.68 or 1.04%. The stock has shown a positive performance today, outperforming its sector by 0.84% and has been gaining for the last two days, with a total return of 1.81% during this period. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a potential weakness in momentum. Additionally, there has been a notable decline in investor participation, with delivery volume dropping by 35.84% compared to the 5-day average, which could suggest reduced interest in the stock. Unfortunately, the Positive and Negative Factors section is unavailable, limiting further insights into the influences on the stock's recent movement.

In the broader market context, Fortis Malar's short-term performance has been less favorable compared to the benchmark, as it has declined by 3.24% over the past week while the Sensex has increased by 1.56%. Over the past month, the stock has also decreased by 3.00%, contrasting with the Sensex's gain of 2.60%. Despite a year-to-date return of 8.82%, which outpaces the Sensex's 5.83%, the stock's recent underperformance relative to the benchmark may be contributing to the observed price movements.
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