Why is Cadsys (India) falling/rising?
As of 13-Nov, Cadsys (India) Ltd's stock price is Rs 55.45, down 4.97%, and trading near its 52-week low. The company has significantly underperformed its sector and the broader market, with a year-to-date decline of 48.01% and a one-year drop of 58.62%.
As of 13-Nov, Cadsys (India) Ltd is experiencing a decline in its stock price, currently at Rs 55.45, reflecting a decrease of Rs 2.9 or 4.97%. The stock is trading close to its 52-week low, just 0.72% away from Rs 55.05. It has underperformed its sector by 4.43% today and is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 50.98% compared to the 5-day average. The stock has shown poor performance over various periods, with a year-to-date decline of 48.01% and a one-year drop of 58.62%, indicating a challenging environment for the company.Broader market context reveals that while Cadsys (India) is struggling, the benchmark Sensex has shown positive returns, gaining 1.45% over the past week and 2.58% over the past month. This stark contrast highlights the stock's underperformance relative to the broader market, which has seen gains while Cadsys has faced significant losses. The lack of positive factors in the dashboard further emphasizes the challenges the company is facing, contributing to its declining stock price amidst a generally more favorable market environment.
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