Why is Credent Global falling/rising?
As of 10-Nov, Credent Global Finance Ltd is currently priced at Rs 29.10, reflecting a 10.1% increase after four days of decline. Despite a year-to-date drop of 22.87%, the stock has recently outperformed its sector and the benchmark Sensex, indicating a potential positive shift in investor sentiment.
As of 10-Nov, Credent Global Finance Ltd is experiencing a price increase, currently at Rs 29.10, reflecting a rise of Rs 2.67 or 10.1%. Today's performance indicates a significant turnaround, as the stock has gained after four consecutive days of decline. It reached an intraday high of Rs 29.99, showcasing a notable volatility of 6.27%. Despite a decrease in delivery volume by 59.44% compared to the five-day average, the stock is trading above its moving averages across various time frames, suggesting a positive trend. Over the past week, the stock has outperformed its sector by 9.56%, although it has shown a year-to-date decline of 22.87%.Broader market context reveals that while Credent Global has seen a short-term gain of 3.19% over the past week, the benchmark Sensex has decreased by 0.53% during the same period. This indicates that the stock is performing well relative to the broader market. However, over the longer term, the stock has underperformed, with a year-to-date drop of 22.87% compared to the Sensex's gain of 6.91%. The contrasting performance highlights the stock's recent recovery amidst a generally challenging environment, suggesting that investor sentiment may be shifting positively despite the longer-term struggles.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
