Why is Chordia Food falling/rising?
As of 14-Nov, Chordia Food Products Ltd's stock price is Rs 73.00, down 4.69%, and has underperformed significantly, with a year-to-date decline of 15.12%. The stock is trading below all key moving averages and has seen a drastic drop in investor participation.
As of 14-Nov, Chordia Food Products Ltd is experiencing a decline in its stock price, currently at Rs 73.00, which reflects a decrease of Rs 3.59 or 4.69%. The stock has been underperforming, having lost 5.16% over the last two days and is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, the stock has shown a significant drop in investor participation, with delivery volume plummeting by 99.07% compared to the 5-day average. The stock's performance over various periods also indicates a downward trend, with a year-to-date decline of 15.12% and a 5-year decline of 23.96%, further emphasizing its struggles.In the broader market context, Chordia Food's recent performance contrasts sharply with the Sensex, which has gained 1.62% over the past week and 3.09% over the past month. This stark difference highlights the stock's underperformance relative to the benchmark, as it has consistently lagged behind in returns across multiple time frames. The overall market appears to be on an upward trajectory, while Chordia Food continues to face challenges, contributing to its declining stock price.
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