Why is Net Avenue falling/rising?

Jul 07 2025 10:41 PM IST
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As of 07-Jul, Net Avenue Technologies Ltd's stock price is at 6.50, down 18.75%, with a year-to-date decline of 47.79% and a one-year drop of 61.08%. Despite a recent monthly gain of 11.11%, the stock continues to significantly underperform against its sector and the broader market.
As of 07-Jul, Net Avenue Technologies Ltd is experiencing a decline in its stock price, currently at 6.50, which represents a decrease of 1.5 or 18.75%. The stock has underperformed significantly today, with a performance that is 18.11% lower than its sector. Additionally, the stock has shown a substantial negative trend over the past year, with a year-to-date decline of 47.79% and a one-year drop of 61.08%. The delivery volume has also decreased sharply, falling by 64.29% against the 5-day average, indicating a reduction in investor participation. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.

In the broader market context, the stock's short-term performance over the past week shows a decline of 17.20%, while the benchmark Sensex has only decreased by 0.22%. This stark contrast highlights the stock's significant underperformance relative to the market. Over the past month, however, the stock has seen a positive return of 11.11%, while the Sensex has gained 1.83%, suggesting some recovery potential in the near term. Despite this, the overall trend remains negative, particularly when considering the year-to-date and one-year returns compared to the benchmark's positive performance.
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