Why is IL&FS Inv.Manag. falling/rising?
As of 09-Sep, IL&FS Investment Managers Ltd is experiencing a slight decline in stock price at 8.60, with a year-to-date loss of -21.82%. Despite recent short-term gains, the stock has underperformed significantly compared to the Sensex over the longer term.
As of 09-Sep, IL&FS Investment Managers Ltd is experiencing a slight decline in its stock price, currently at 8.60, reflecting a change of -0.01 or -0.12%. The stock has been underperforming, having lost -2.82% over the last three days, and it is currently lower than the 5-day, 50-day, 100-day, and 200-day moving averages, although it remains higher than the 20-day moving average. Despite this recent downturn, the stock has shown positive returns over the past week and month, with increases of +1.78% and +2.02%, respectively. Additionally, there has been a rise in investor participation, with delivery volume increasing by 19.46% compared to the 5-day average, indicating some interest in trading the stock.In the broader market context, the stock's recent performance has outpaced the benchmark Sensex over the past week and month, where the Sensex has recorded gains of +1.18% and +1.56%, respectively. However, the year-to-date performance of IL&FS Investment Managers Ltd shows a significant decline of -21.82%, contrasting sharply with the Sensex's gain of +3.79%. This disparity highlights the stock's struggles in the longer term, as it has also underperformed over the past year with a decline of -28.33% compared to the Sensex's slight decrease of -0.56%. Overall, while there are some short-term positive indicators, the stock's recent consecutive falls and significant year-to-date losses suggest ongoing challenges.
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