Why is Inflame Applian. falling/rising?
As of 15-Jul, Inflame Appliances Ltd is facing a significant decline in its stock price, currently at 268.30, down 1.99%. The stock has underperformed both its sector and the broader market, with a year-to-date drop of 29.76% and a concerning 39.70% decline over the past year.
As of 15-Jul, Inflame Appliances Ltd is experiencing a decline in its stock price, currently at 268.30, which represents a decrease of 5.45 or 1.99%. The stock has been underperforming, having lost 6.81% over the last four days and showing a significant drop in delivery volume, which fell by 95.83% compared to the 5-day average. Additionally, the stock has underperformed its sector by 2.63% today. Over the past week, it has decreased by 5.04%, and year-to-date, it has seen a substantial decline of 29.76%. The stock's performance over the last year is also concerning, with a drop of 39.70%, indicating ongoing challenges for the company.In the broader market context, while the Sensex has only declined by 1.36% over the past week, Inflame Appliances Ltd's performance has been significantly worse. The stock's recent struggles are highlighted by its negative returns in both the short and long term compared to the benchmark, which has gained 5.67% year-to-date. This stark contrast suggests that investor sentiment towards Inflame Appliances Ltd is weak, compounded by falling investor participation and liquidity issues, which may further contribute to the stock's downward trajectory.
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