Why is Omfurn India falling/rising?
As of 17-Sep, Omfurn India Ltd's stock price is at 124.40, down 3.19%, with a significant drop in investor participation. Despite a strong long-term performance, the stock is currently underperforming compared to the market and its sector, indicating potential short-term weakness.
As of 17-Sep, Omfurn India Ltd's stock price is currently at 124.40, reflecting a decrease of 4.1 points or 3.19%. The stock has underperformed its sector today by 2.86%, and there has been a notable decline in investor participation, with delivery volume falling by 42.31% compared to the 5-day average. Despite this, the stock has shown strong performance over the longer term, with a year-to-date increase of 16.32% and an impressive 85.26% rise over the past year. However, it is currently trading lower than its 5-day moving averages, which may indicate a short-term weakness in momentum. Unfortunately, there is no information available regarding specific positive or negative factors affecting the stock.In the broader market context, Omfurn India Ltd's recent performance contrasts with the benchmark Sensex, which has gained 1.43% over the past week while Omfurn's stock has declined by 4.78% in the same period. This underperformance highlights a divergence between the stock and the overall market trends, suggesting that investor sentiment towards Omfurn may be weakening despite its strong long-term returns. The liquidity of the stock remains adequate, but the falling delivery volume could signal caution among investors, contributing to the stock's current decline.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
