Why is Inflame Applian. falling/rising?
As of 16-Sep, Inflame Appliances Ltd's stock price is 240.00, down 2.1 (-0.87%), reflecting a 4.12% loss over the last two days and a 37.17% decline year-to-date. The stock has underperformed its sector and the broader market, indicating unfavorable conditions for its recent price drop.
As of 16-Sep, Inflame Appliances Ltd is experiencing a decline in its stock price, currently at 240.00, which reflects a decrease of 2.1 (-0.87%). The stock has underperformed its sector by 0.49% today and has been on a downward trend for the last two days, accumulating a total loss of 4.12% during this period. Additionally, the stock's performance over the past week shows a significant decline of 4.00%, while its year-to-date return is down by 37.17%. The delivery volume has also decreased by 37.5% compared to the 5-day average, indicating falling investor participation. There is no information available regarding positive or negative factors that could influence the stock's recent movement.Broader market context indicates that while Inflame Appliances Ltd has seen a 9.39% increase over the past month, it has significantly lagged behind the Sensex, which has risen by 2.21% in the same timeframe. The stock's year-to-date performance is notably poor compared to the benchmark, which has gained 5.43%. This stark contrast in performance suggests that broader market conditions may not be favorable for Inflame Appliances Ltd, contributing to its recent price decline.
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