Why is Vikram Aroma falling/rising?
As of 22-Sep, Vikram Aroma Ltd's stock price is Rs 93.20, down 2.88%, and has underperformed its sector. The stock is in a bearish trend, trading below all key moving averages, with significant declines over the past week and month, indicating company-specific issues rather than broader market trends.
As of 22-Sep, Vikram Aroma Ltd's stock price is currently at Rs 93.20, reflecting a decline of Rs 2.76 or 2.88%. The stock has underperformed its sector by 2.05% today, with an intraday low of Rs 91.21, marking a drop of 4.95%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, while there has been a notable increase in delivery volume, rising by 53.27% against the 5-day average, the overall performance over the past week and month shows declines of 7.72% and 8.09%, respectively. There is no information available regarding positive or negative factors impacting the stock.Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.46% over the past week and 1.05% over the past month, Vikram Aroma's significant declines highlight a stark underperformance. The broader market has shown resilience, with the Sensex up 5.15% year-to-date and 38.97% over the past three years, contrasting sharply with Vikram Aroma's negative returns. This disparity suggests that the stock's recent struggles may be influenced by company-specific issues rather than broader market trends.
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