Why is Chordia Food falling/rising?
As of 08-Oct, Chordia Food Products Ltd's stock price is Rs 77.16, down 4.67%, and has significantly underperformed its sector and the benchmark Sensex. The stock is trading below all moving averages and has seen a drastic drop in investor participation, indicating ongoing struggles in a generally positive market.
As of 08-Oct, Chordia Food Products Ltd is experiencing a decline in its stock price, currently at Rs 77.16, which represents a decrease of Rs 3.78 or 4.67%. The stock has underperformed its sector by 4.19% today and opened with a significant loss of 4.87%. Additionally, the stock has not traded on one day out of the last 20, indicating erratic trading patterns. It is also trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Furthermore, there has been a drastic drop in investor participation, with delivery volume falling by 97.48% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.In the broader market context, Chordia Food's performance over the past week shows a decline of 3.61%, while the benchmark Sensex has increased by 0.98%. Over the past month, the stock has decreased by 4.74%, contrasting with a 1.22% rise in the Sensex. Year-to-date, Chordia Food has fallen by 10.28%, while the Sensex has gained 4.65%. This trend of underperformance against the benchmark highlights the stock's struggles in a generally positive market environment.
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