Why is Garbi Finvest falling/rising?
As of 16-Sep, Garbi Finvest Ltd is priced at 12.15, down 0.74%, with a significant year-to-date decline of 26.14%. Despite a modest gain of 0.41% over the past week, the stock has underperformed its sector and the benchmark, indicating ongoing challenges in the market.
As of 16-Sep, Garbi Finvest Ltd is currently priced at 12.15, reflecting a decline of 0.09 or 0.74%. The stock has been underperforming, having lost 2.72% over the last two days and underperformed its sector by 1.02% today. Additionally, the stock has shown a significant year-to-date decline of 26.14%, and over the past year, it has decreased by 27.68%. The delivery volume has also seen a sharp drop of 66.76% compared to the 5-day average, indicating falling investor participation. Unfortunately, there is no information available regarding positive or negative factors that could have influenced the stock's recent movement.In the broader market context, the stock's short-term performance over the past week shows a modest gain of 0.41%, but this is significantly lower than the Sensex's increase of 1.58% during the same period. While the stock has outperformed the benchmark over the last month with a return of 2.88% compared to the Sensex's 2.21%, the overall trend remains concerning given the substantial declines over the longer term, particularly the 58.95% drop over three years against a 40.01% rise in the benchmark. This disparity highlights the challenges Garbi Finvest is facing in the current market environment.
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