Why is Dhanlaxmi Crop falling/rising?
As of 03-Sep, Dhanlaxmi Crop Science Ltd's stock price is Rs 43.15, down 1.37%, and has significantly underperformed with a year-to-date decline of 39.86%. The stock is trading below all key moving averages and is close to its 52-week low, indicating a bearish trend and reduced investor interest.
As of 03-Sep, Dhanlaxmi Crop Science Ltd's stock price is currently at Rs 43.15, reflecting a decrease of Rs 0.6 or 1.37%. The stock has underperformed significantly, with a 1-week decline of 1.37% and a 1-month decline of 2.60%. It is also trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 4.17% away from Rs 41.35. There has been a notable drop in investor participation, with delivery volume falling by 56.52% compared to the 5-day average, which suggests a lack of interest among investors.In the broader market context, the Sensex has shown a slight increase of 0.01% over the past week, contrasting with Dhanlaxmi Crop's decline. Year-to-date, while the stock has plummeted by 39.86%, the benchmark has gained 4.53%. This stark difference highlights the stock's underperformance relative to the market. The absence of any positive factors in the dashboard further emphasizes the challenges faced by Dhanlaxmi Crop, contributing to its declining stock price amidst a generally stable market environment.
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