Why is Gillanders Arbut falling/rising?
As of 29-Sep, Gillanders Arbuthnot & Company Ltd is currently priced at Rs 114.10, reflecting a 6.59% increase. Despite recent volatility and underperformance against the Sensex over the past week, the stock has shown a strong long-term gain of 36.40% over the past year.
As of 29-Sep, Gillanders Arbuthnot & Company Ltd is experiencing a price increase, currently at Rs 114.10, which reflects a rise of Rs 7.05 or 6.59%. Today's price summary indicates that the stock has outperformed its sector by 7.11% and has gained after two consecutive days of decline. It opened with a significant gain of 7.43% and reached an intraday high of Rs 124.5, marking a 16.3% increase. Despite this positive movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 238.89% against the 5-day average. Unfortunately, the positive and negative factors dashboard is unavailable, which limits a comprehensive analysis of the influences on the stock's recent movement.Broader market context shows that over the past week, Gillanders Arbuthnot has underperformed compared to the Sensex, with a decline of 3.31% versus the benchmark's 2.18%. However, in the longer term, the stock has shown resilience, with a 36.40% increase over the past year, significantly outperforming the Sensex, which has declined by 6.08% in the same period. This contrast suggests that while the stock may be facing short-term volatility, its long-term performance remains strong relative to the broader market.
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