Why is Chatha Foods falling/rising?
As of 18-Sep, Chatha Foods Ltd's stock price is Rs. 93.50, down 2.4%, and has reached a 52-week low. The stock has declined 4.88% over the last six days, underperformed its sector and the Sensex, and is trading below key moving averages with significantly reduced investor participation.
As of 18-Sep, Chatha Foods Ltd's stock price is currently at Rs. 93.50, reflecting a decrease of Rs. 2.3 or 2.4%. The stock has recently hit a new 52-week low of Rs. 93.4 and has been on a downward trend, experiencing a consecutive fall for the last six days, resulting in a total decline of 4.88% during this period. Additionally, the stock has underperformed its sector by 2.79% today. It is trading below all key moving averages, indicating a bearish trend, and there has been a significant drop in investor participation, with delivery volume falling by 50.82% compared to the five-day average. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.In the broader market context, Chatha Foods has underperformed relative to the benchmark Sensex, which has gained 1.80% over the past week while Chatha Foods has declined by 4.69%. Over the past month, the stock has decreased by 8.78%, contrasting sharply with the Sensex's increase of 2.14%. Year-to-date, Chatha Foods has seen a substantial decline of 29.17%, while the Sensex has risen by 6.24%. This stark difference in performance highlights the challenges faced by Chatha Foods in the current market environment.
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