Why is Wealth First Por falling/rising?
As of 11-Nov, Wealth First Portfolio Managers Ltd's stock price is Rs 1,115.00, down 6.77%, and underperforming compared to its sector. The stock is trading below all major moving averages and is close to its 52-week low, indicating a bearish trend amid negative investor sentiment.
As of 11-Nov, Wealth First Portfolio Managers Ltd is experiencing a decline in its stock price, currently at Rs 1,115.00, which reflects a decrease of Rs 81.0 or 6.77%. The stock has underperformed today, with a performance that is 4.79% lower than its sector. It touched an intraday low of Rs 1,105, marking a drop of 7.61%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock is also close to its 52-week low, being only 3.57% away from Rs 1,075.25. While there has been a notable increase in investor participation, with delivery volume rising by 239.46% against the 5-day average, the overall sentiment appears negative, and no positive or negative dashboard factors are available to provide further context.In the broader market context, the stock's performance over the past week shows a slight decline of 0.36%, while the benchmark Sensex has increased by 0.49%. Over the past month, Wealth First has decreased by 5.83%, contrasting with the Sensex's gain of 1.66%. This underperformance relative to the benchmark highlights the challenges the stock is facing in the current market environment. The liquidity of the stock remains adequate, as it is liquid enough for trades of Rs 0.01 crore, but the overall downward trend in price and performance suggests that investor sentiment is currently unfavorable.
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