Why is Credent Global falling/rising?

Nov 14 2025 11:19 PM IST
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As of 14-Nov, Credent Global Finance Ltd is experiencing a price increase to Rs 31.50, up 5.07%, with strong performance and significant investor participation. Despite a year-to-date decline of 16.51%, the stock has shown a positive short-term trend, outperforming the Sensex in recent weeks.
As of 14-Nov, Credent Global Finance Ltd is experiencing a price increase, with its current price at Rs 31.50, reflecting a rise of Rs 1.52 or 5.07%. The stock has shown strong performance today, outperforming its sector by 4.31% and achieving a consecutive gain over the last three days, with a total return of 9.26% during this period. It reached an intraday high of Rs 32, indicating robust trading activity. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend. Notably, there has been a significant increase in investor participation, with delivery volume on 13 Nov rising by 1116.59% compared to the 5-day average, contributing to the stock's upward movement. There is no information available regarding positive or negative factors that could influence this trend.

In the broader market context, Credent Global's short-term return of 19.18% over the past week significantly outpaces the Sensex, which has only increased by 1.62% during the same period. Over the last month, the stock's return of 10.72% also exceeds the Sensex's 3.09% gain, indicating strong relative performance. However, it is important to note that year-to-date, the stock is down 16.51%, contrasting with the Sensex's positive return of 8.22%. This suggests that while the stock is currently on an upward trajectory, it has faced challenges earlier in the year compared to the overall market.
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