Affle India Shows Resilience Amid Sector-Wide Decline in February 2025

Feb 14 2025 02:01 PM IST
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Affle India, a key player in the telecommunication equipment sector, saw a decline on February 14, 2025, yet outperformed its sector. The stock's performance metrics indicate it is above its 200-day moving average but below several shorter-term averages, reflecting a mixed market position.
Affle India, a prominent player in the telecommunication equipment sector, experienced a decline of 3.23% on February 14, 2025. Despite this drop, the stock managed to outperform its sector, which fell by 5.26%. Throughout the trading day, Affle India reached an intraday high of Rs 1640, reflecting a gain of 5.94%, before dipping to a low of Rs 1498.4, marking a decrease of 3.2%.

In terms of moving averages, Affle India’s stock is currently positioned higher than its 200-day moving average, yet it remains below the 5-day, 20-day, 50-day, and 100-day moving averages. Over the past month, the stock has seen a decline of 5.55%, contrasting with the Sensex, which fell by 1.31%. Additionally, in the short term, Affle India's performance over one day shows a decrease of 3.42%, compared to the Sensex's decline of 0.84%. These metrics highlight the stock's current market position and performance indicators within the broader context of the telecommunication equipment industry.
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