Alldigi Tech Faces Significant Volatility Amid Broader Market Declines in BPO Sector

Jan 27 2025 09:50 AM IST
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Alldigi Tech, a small-cap company in the BPO/ITeS sector, has faced notable volatility, opening with a significant loss and underperforming its sector. The stock has declined consecutively over three days, reaching a low during intraday trading and trading below multiple moving averages, reflecting a bearish trend amid broader market declines.
Alldigi Tech, a small-cap player in the BPO/ITeS sector, has experienced significant volatility today, opening with a loss of 7.26%. The stock's performance has notably underperformed its sector, which has declined by 3.22%, with Alldigi Tech recording a staggering 9.84% drop in just one day. Over the past three days, the stock has faced a consecutive decline, totaling a loss of 22.36%.

During intraday trading, Alldigi Tech reached a low of Rs 854, marking an 11.49% decrease from its previous close. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

In the broader market context, the Sensex has shown a modest decline of 0.46% today, while Alldigi Tech's one-month performance reflects a decrease of 9.86%, compared to the Sensex's 3.63% drop. These metrics highlight the challenges faced by Alldigi Tech in the current market environment.
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