Why is Indo Amines falling/rising?

Jul 08 2025 09:32 PM IST
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As of 08-Jul, Indo Amines Ltd's stock price is at 168.00, down 0.36%. Despite a recent 1.44% decline over the past week, the stock has outperformed the Sensex over the past year with a 25.37% return, supported by strong growth prospects and increased promoter confidence.
As of 08-Jul, Indo Amines Ltd's stock price is currently at 168.00, reflecting a decrease of 0.6, or 0.36%. The stock's performance today is in line with its sector, and it is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is below the 5-day moving average. Notably, there has been a rise in investor participation, with a delivery volume increase of 29.09% compared to the 5-day average. Over the past week, the stock has seen a decline of 1.44%, while it has performed well over the past month with a return of 9.88% and a significant 25.37% increase over the past year. The company's operating profit has grown at an annual rate of 30.27%, and the promoters have increased their stake, indicating confidence in the company's future.

In the broader market context, Indo Amines' recent decline of 1.44% over the past week contrasts with the Sensex, which has seen a slight increase of 0.02%. Despite this short-term dip, the stock has outperformed the benchmark over longer periods, including a 25.37% return over the past year compared to the Sensex's 4.69%. The stock's PEG ratio of 0.8 suggests it is undervalued relative to its growth, and the healthy long-term growth prospects, along with rising promoter confidence, support a positive outlook for the stock despite its recent price movement.
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