Why is Cadsys (India) falling/rising?
As of 19-Sep, Cadsys (India) Ltd's stock price is declining at 66.00, down 3.65%, and has underperformed its sector by 3.25%. The stock has dropped 49.66% over the past year and 38.12% year-to-date, with significantly reduced investor participation.
As of 19-Sep, Cadsys (India) Ltd is experiencing a decline in its stock price, currently at 66.00, which reflects a decrease of 2.5 or 3.65%. The stock has underperformed its sector by 3.25% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume on 18 September falling by 81.48% compared to the 5-day average. Over the past year, the stock has seen a substantial decline of 49.66%, while year-to-date it is down 38.12%. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.85% over the past week and 1.39% over the past month, Cadsys (India) has seen a negative return of 4.69% in the same week and a marginal increase of only 0.08% in the last month. This stark contrast highlights the stock's underperformance relative to the broader market, contributing to the downward pressure on its price.
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