Why is Fortune Interntl falling/rising?
As of 11-Nov, Fortune International Ltd's stock price is Rs 57.70, down 2.2%, with a significant decline of 6.92% over the past week and 24.33% year-to-date, indicating a bearish trend and waning investor interest. The stock is trading below all major moving averages, contrasting sharply with the positive performance of the broader market.
As of 11-Nov, Fortune International Ltd is experiencing a decline in its stock price, currently at Rs 57.70, which reflects a decrease of Rs 1.3 or 2.2%. The stock has been underperforming, having lost 6.92% over the past week and 6.95% over the past month. It has also seen a consecutive fall for the last four days, with an intraday low of Rs 56.56, indicating significant downward pressure. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Furthermore, there has been a notable decline in investor participation, with delivery volume dropping by 65.54% compared to the 5-day average, which may indicate waning interest among investors.In the broader market context, the Sensex has shown a positive return of 0.49% over the past week and 1.66% over the past month, contrasting sharply with Fortune International's negative performance. Year-to-date, the stock has fallen 24.33%, while the benchmark has gained 7.34%. This stark difference highlights the stock's struggle relative to the overall market, contributing to its recent decline. The lack of positive factors in the provided data further emphasizes the challenges the company is facing, as there are no mitigating circumstances mentioned that could support a rebound in its 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
