Why is Fortune Interntl falling/rising?

Sep 15 2025 10:43 PM IST
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As of 15-Sep, Fortune International Ltd's stock price is Rs 56.48, down 5.03%, and has declined 7.39% over the last two days. The stock is underperforming significantly compared to the benchmark Sensex, with a year-to-date drop of 25.93%.
As of 15-Sep, Fortune International Ltd is experiencing a decline in its stock price, currently at Rs 56.48, which represents a decrease of Rs 2.99 or 5.03%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 7.39% in this period. It opened the day with a significant loss of 5.83% and reached an intraday low of Rs 56. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Furthermore, there has been a notable decrease in investor participation, with delivery volume dropping by 34.07% against the 5-day average, suggesting reduced interest in the stock.

In the broader market context, Fortune International's performance over the past week shows a decline of 7.38%, while the benchmark Sensex has increased by 1.24%, highlighting a significant underperformance relative to the market. Over the past month, the stock has also declined by 7.41%, contrasting with the Sensex's gain of 1.47%. Year-to-date, the stock is down 25.93%, while the benchmark has risen by 4.67%. This stark difference in performance indicates that the stock is not only struggling in the short term but is also lagging behind the broader market trends.
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