Why is Inventure Grow. falling/rising?
As of 17-Nov, Inventure Growth & Securities Ltd's stock price is Rs. 1.30, down 2.26%, and has reached a 52-week low. The stock has underperformed significantly, with a year-to-date decline of 38.10% compared to the Sensex's gain of 8.72%.
As of 17-Nov, Inventure Growth & Securities Ltd is experiencing a decline in its stock price, currently at Rs. 1.30, which represents a decrease of 0.03 or 2.26%. The stock has hit a new 52-week low of Rs. 1.28 today and has been on a consecutive downward trend for the last six days, resulting in a total decline of 10.34% during this period. Additionally, the stock has underperformed its sector by 2.68%. Over the longer term, the stock has shown significant underperformance, with year-to-date returns down 38.10% compared to a positive 8.72% for the benchmark Sensex, and a staggering 52.23% decline over three years against a 37.57% increase in the benchmark. There is no information available regarding positive or negative factors impacting the stock.Broader Market Context: In the short term, Inventure Growth & Securities Ltd has significantly lagged behind the benchmark Sensex, which has gained 1.69% over the past week while the stock has dropped 9.09%. This stark contrast highlights the stock's struggles in a generally positive market environment. The rising investor participation, indicated by a 21.75% increase in delivery volume, suggests some interest in the stock despite its recent poor performance, but overall, the liquidity remains low, which may further contribute to its price decline.
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