Why is Wealth First Por falling/rising?
As of 12-Nov, Wealth First Portfolio Managers Ltd is seeing a price increase to 1,160.00, up 4.04%, with strong short-term performance but underperformance over the past month compared to the Sensex. The stock has gained investor interest, reflected in a 45.54% increase in delivery volume, although it remains below longer-term moving averages.
As of 12-Nov, Wealth First Portfolio Managers Ltd is experiencing a price increase, currently at 1,160.00, which reflects a rise of 45.0 or 4.04%. Today's price summary indicates that the stock outperformed its sector by 3.35% and opened with a gain of 3.14%. The stock reached an intraday high of Rs 1249, marking a 12.02% increase. Additionally, there has been a notable rise in investor participation, with delivery volume increasing by 45.54% compared to the 5-day average. However, while the stock is currently above its 5-day moving averages, it remains below the longer-term moving averages of 20, 50, 100, and 200 days. 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 return of +3.66%, significantly outperforming the Sensex, which only increased by +1.21% during the same period. However, over the past month, the stock has underperformed with a return of -2.03%, while the Sensex has gained +2.38%. This indicates that while the stock is currently rising, it has faced challenges in the longer term compared to the benchmark.
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