Why is Infibeam Avenues falling/rising?
As of 15-Jul, Infibeam Avenues Ltd is priced at 16.38, down 0.49%. The stock has significantly underperformed, with a 24.97% drop over the past month and a 45.38% decline over the past year, despite healthy long-term growth indicators.
As of 15-Jul, Infibeam Avenues Ltd is currently priced at 16.38, reflecting a decrease of 0.08 or 0.49%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 1.33%. In terms of performance relative to the benchmarks, the stock has seen a significant drop of 24.97% over the past month and a staggering 45.38% decline over the past year, while the Sensex has increased by 1.79% and 2.36% respectively in the same periods. Despite the company's healthy long-term growth indicators, such as a 43.85% annual growth rate in net sales and a consistent positive performance over the last 15 quarters, the stock's recent movement is negatively impacted by a significant drop in delivery volume, which has decreased by 57.03% against the 5-day average, indicating falling investor participation.In the broader market context, the stock's short-term performance has been unfavorable compared to the benchmark, as it has underperformed the Sensex by 1.68% over the past week, while the benchmark itself has seen a decline of 1.36%. This underperformance is compounded by the fact that the stock has generated negative returns over the last year and has lagged behind the BSE500 in both the long-term and near-term performance metrics. Although there has been an increase in institutional investor participation, which may suggest some confidence in the company's fundamentals, the overall market sentiment remains cautious due to the stock's historical underperformance and recent liquidity issues.
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