Why is D & H India falling/rising?
As of 18-Nov, D & H India Ltd's stock price is Rs 146.15, down 4.82%, and has declined for three consecutive days, totaling a 5.34% drop. The stock is trading below all major moving averages, indicating a bearish trend, and has underperformed compared to the Sensex over various time frames.
As of 18-Nov, D & H India Ltd is experiencing a decline in its stock price, currently at Rs 146.15, which reflects a decrease of Rs 7.4 or 4.82%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 5.34% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The trading volume has also decreased significantly, with a 26.73% drop in delivery volume compared to the 5-day average, suggesting reduced investor participation. There are no positive or negative dashboard factors available to provide further insights into the stock's recent movements.Broader Market Context: In the context of the broader market, D & H India's short-term performance has been weaker compared to the benchmark, as it has only gained 0.17% over the past week while the Sensex has increased by 0.96%. Over the past month, D & H India has seen a substantial decline of 12.67%, contrasting sharply with the Sensex's modest gain of 0.86%. Year-to-date, the stock has also underperformed, with a decline of 12.38% compared to the Sensex's increase of 8.36%. This underperformance relative to the benchmark and the overall market sentiment may be contributing to the stock's current downward trajectory.
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