Why is Credent Global falling/rising?

Nov 07 2025 11:39 PM IST
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As of 07-Nov, Credent Global Finance Ltd's stock price is declining at 26.37, down 2.33% over the past week with a total return of -6.65%. The stock is underperforming compared to the Sensex, which has gained 6.50% year-to-date, while Credent's year-to-date return is -30.11%.
As of 07-Nov, Credent Global Finance Ltd is experiencing a decline in its stock price, currently at 26.37, which reflects a decrease of 0.63 or 2.33%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total return of -6.65% over the past week. Additionally, the stock's delivery volume has significantly decreased by 59.44% compared to its 5-day average, indicating a drop in investor participation. The stock is currently trading higher than its 100-day moving average but lower than its 5-day, 20-day, 50-day, and 200-day moving averages. There is no information available regarding positive or negative factors affecting the stock.

Broader Market Context: In comparison to the benchmark Sensex, which has shown a slight decline of 0.86% over the past week, Credent Global's performance is notably worse, with a drop of 6.65%. This underperformance is further highlighted by the stock's year-to-date return of -30.11%, contrasting sharply with the Sensex's gain of 6.50% during the same period. The broader market context suggests that while the overall market has been relatively stable or positive, Credent Global is struggling significantly, which may be contributing to the ongoing decline in its stock price.
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