Why is Inflame Applian. falling/rising?
As of 22-Sep, Inflame Appliances Ltd is currently priced at Rs 288.35, reflecting a 4.99% increase and strong recent performance with a 20.15% gain over four days. While it has outperformed the Sensex in the short term, it remains down 24.52% year-to-date.
As of 22-Sep, Inflame Appliances Ltd is experiencing a price increase, currently at Rs 288.35, reflecting a rise of 13.7 or 4.99%. The stock has shown strong performance recently, gaining 20.15% over the last four days and outperforming its sector by 5.19% today. It opened with a gain of 4.99% and reached an intraday high of Rs 288.35. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Investor participation has also increased significantly, with delivery volume rising by 164.57% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's movement.Broader market context shows that Inflame Appliances Ltd has significantly outperformed the benchmark Sensex in the short term, with a 1-week return of +19.10% compared to the Sensex's +0.46%. Over the past month, the stock has also outperformed the benchmark, gaining +37.31% against the Sensex's +1.05%. However, it is important to note that the stock has underperformed on a year-to-date basis, with a decline of -24.52% compared to the Sensex's +5.15%. This contrast highlights the stock's recent recovery despite its longer-term struggles.
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