Why is Garbi Finvest falling/rising?
As of 24-Sep, Garbi Finvest Ltd's stock price is at 12.40, down 2.29%. Despite recent short-term gains, the stock has significantly underperformed over the long term, with a year-to-date decline of -24.62% and a three-year drop of -55.07%.
As of 24-Sep, Garbi Finvest Ltd's stock price is currently at 12.40, reflecting a decline of 0.29, or 2.29%. The stock has been underperforming, having lost 2.59% over the last two days and is currently lower than its 200-day moving average. Despite a positive performance over the past week and month, with returns of 2.06% and 5.08% respectively, the year-to-date and one-year returns are significantly negative at -24.62% and -27.19%. There is a noted increase in investor participation, with delivery volume rising by 9.86% against the five-day average, indicating some interest despite the recent price drop. Unfortunately, the positive and negative factors dashboard is not available to provide further insights into the stock's recent movements.In the broader market context, Garbi Finvest's recent performance contrasts with the benchmark Sensex, which has seen a decline of 1.18% over the past week and a modest gain of 0.50% over the past month. While the stock has outperformed the benchmark in the short term, its long-term performance is significantly lagging, with a staggering decline of 55.07% over the past three years compared to a 40.65% increase in the Sensex. This disparity suggests that while there may be short-term fluctuations, the overall trend for Garbi Finvest remains negative, contributing to the current downward pressure on its stock price.
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