Why is Dhanlaxmi Bank falling/rising?

Sep 03 2025 09:39 PM IST
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As of 03-September, Dhanlaxmi Bank Ltd's stock price is 24.99, down 0.83%, and has underperformed its sector. The stock has declined significantly over various time frames, indicating a lack of investor confidence compared to the benchmark Sensex, which has performed better.
As of 03-September, Dhanlaxmi Bank Ltd's stock price is currently at 24.99, reflecting a decrease of 0.21, or 0.83%. The stock has underperformed its sector by 1.54% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a decline of 4.76%, and over the past month, it has dropped by 5.34%. Year-to-date, the stock has decreased by 20.08%, and over the past year, it has fallen by 35.53%. Despite these declines, there has been a rise in investor participation, with a delivery volume of 4.22 lacs on September 2, which is up by 3.1% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.

In the broader market context, Dhanlaxmi Bank's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 0.27% over the past week and 0.04% over the past month. While the Sensex has shown a year-to-date increase of 3.11%, Dhanlaxmi Bank's significant drop indicates a lack of investor confidence compared to the overall market. The stock's performance over the last three years has been strong, with a return of 102.68%, but the recent trends suggest a troubling divergence from the benchmark, highlighting ongoing challenges for the bank in the current market environment.
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