Why is IL&FS Inv.Manag. falling/rising?
As of 19-Sep, IL&FS Investment Managers Ltd's stock price is at 8.40, down 0.47%, and has underperformed its sector. The stock is in a bearish trend, trading below all key moving averages, with a significant decline in investor participation and a year-to-date drop of 23.64%.
As of 19-Sep, IL&FS Investment Managers Ltd is experiencing a decline in its stock price, currently at 8.40, which reflects a decrease of 0.04 or 0.47%. The stock has underperformed its sector by 0.32% today and has fallen after two consecutive days of gains. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, investor participation has decreased significantly, with delivery volume dropping by 53.58% compared to the 5-day average. Over the past year, the stock has seen a substantial decline of 27.27%, while its year-to-date performance shows a drop of 23.64%.In the broader market context, the Sensex has shown positive movement, gaining 0.88% over the past week and 1.20% over the past month, contrasting sharply with IL&FS Investment Managers' negative returns during the same periods. This underperformance highlights the stock's struggle against the benchmark, which has risen while IL&FS has declined. Despite a high dividend yield of 3.32%, the overall sentiment around the stock remains weak, contributing to its downward price movement.
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