Why is Inspire Films falling/rising?
As of 23-Sep, Inspire Films Ltd's stock price is Rs 17.05, down 0.87%, with significant declines over the past week, month, and year. The stock is underperforming compared to the broader market, trading below all key moving averages and nearing its 52-week low, indicating a bearish trend and reduced investor participation.
As of 23-Sep, Inspire Films Ltd is experiencing a decline in its stock price, currently at Rs 17.05, which reflects a decrease of Rs 0.15 or 0.87%. The stock has underperformed significantly, with a 1-week return of -1.16% and a 1-month return of -14.54%, while year-to-date, it has plummeted by 42.59%. Today's price summary indicates that the stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Additionally, the delivery volume has dropped by 65.52% compared to the 5-day average, indicating falling investor participation. The stock is also close to its 52-week low, being only 2.35% away from Rs 16.65.In the broader market context, the Sensex has shown a relatively stable performance with a 1-week return of -0.28% and a 1-month return of +1.20%, contrasting sharply with Inspire Films' negative returns. This indicates that while the overall market has been resilient, Inspire Films is struggling significantly. The stark difference in performance suggests that specific issues within Inspire Films are leading to its decline, as it continues to lag behind the benchmark index. There are no positive or negative dashboard factors available to provide further insights into the reasons for the stock's recent movement.
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