Why is Freshara Agro falling/rising?
As of 30-Jul, Freshara Agro Exports Ltd is priced at 202.85, down 0.69%, but has shown strong returns of 14.93% and 17.53% over the past week and month, respectively. Despite recent price declines, the stock has outperformed the Sensex year-to-date, indicating overall strong performance.
As of 30-Jul, Freshara Agro Exports Ltd is currently priced at 202.85, reflecting a decrease of 1.4, or 0.69%. Despite this decline, the stock has shown strong performance over the past week and month, with returns of 14.93% and 17.53% respectively. Notably, the stock reached a new 52-week and all-time high of Rs. 221.95 earlier today. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. The rising investor participation is also evident, with a significant increase in delivery volume, which rose by 106.61% against the 5-day average. However, the stock underperformed its sector by 1.3%, which may have contributed to the current price drop.In the broader market context, Freshara Agro's recent performance contrasts sharply with the benchmark Sensex, which has declined by 1.45% over the past week and 2.59% over the past month. This suggests that while Freshara Agro has been performing well relative to the market in the longer term, it is currently facing some headwinds that are impacting its price. The stock's year-to-date return of 19.18% also outpaces the Sensex's 5.12%, indicating a strong overall performance despite the recent price movement.
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