Why is Fortis Malar falling/rising?
As of 24-Sep, Fortis Malar Hospitals Ltd's stock price is declining at 64.03, down 0.97%, and has underperformed its sector. Despite a year-to-date increase, recent trends show significant short-term declines, indicating negative investor sentiment.
As of 24-Sep, Fortis Malar Hospitals Ltd is experiencing a decline in its stock price, currently at 64.03, which reflects a decrease of 0.63 or 0.97%. The stock has underperformed its sector by 0.35% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 3.54%, while it has shown a more significant decline of 6.20% over the past month. Despite a year-to-date increase of 4.97% and a 1-year return of 6.72%, the recent performance indicates a downward trend, compounded by the lack of available positive or negative factors that could influence investor sentiment.Broader Market Context: In comparison to the benchmark Sensex, which has declined by only 1.18% over the past week, Fortis Malar's performance has been notably weaker. The Sensex has shown a slight gain of 0.50% over the past month, contrasting with Fortis Malar's significant drop. This underperformance in the short term suggests that investor sentiment may be shifting negatively towards the stock, despite its relatively better long-term performance over 1 year and 5 years compared to the benchmark. The rising investor participation, indicated by an increase in delivery volume, may not be sufficient to counteract the overall downward movement in the 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
