Why is Indergiri Fin. falling/rising?
As of 07-Aug, Indergiri Finance Ltd's stock price is Rs 20.25, down 4.97%, with a significant decline in delivery volume and a 59.35% drop over the past year, indicating weak overall performance despite a recent short-term gain.
As of 07-Aug, Indergiri Finance Ltd's stock price is currently at Rs 20.25, reflecting a decrease of Rs 1.06 or 4.97%. The stock has underperformed its sector by 5.19% today and opened with a loss of 4.97%. It has not traded at any price other than Rs 20.25 throughout the day, indicating a lack of volatility. Additionally, the stock's delivery volume has significantly decreased by 80.46% compared to the 5-day average, suggesting a decline in investor interest. Over the past week, the stock has shown a positive return of 9.93%, but it has experienced a substantial decline of 19.77% over the past month and a staggering 59.35% drop over the past year.In the broader market context, the Sensex has decreased by 0.69% over the past week, indicating that while Indergiri Finance Ltd has outperformed the benchmark in the short term, its overall performance remains weak compared to the market. The stock's long-term performance is also concerning, with a 59.35% decline over the past year, contrasting sharply with the Sensex's modest gain of 1.45% in the same period. This suggests that while there may be short-term fluctuations, the overall trend for Indergiri Finance Ltd remains negative, compounded by falling investor participation and liquidity issues.
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