Why is Dhanlaxmi Crop falling/rising?
As of 05-Sep, Dhanlaxmi Crop Science Ltd is priced at 44.50, with a slight increase of 0.11%. The stock has underperformed its sector and the broader market, showing a year-to-date decline of 37.98%, despite increased investor participation.
As of 05-Sep, Dhanlaxmi Crop Science Ltd is currently priced at 44.50, reflecting a slight increase of 0.05, or 0.11%. The stock has shown mixed performance recently, underperforming its sector by 0.66% today. While it is trading higher than its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages. Over the past month, the stock has declined by 2.41%, and year-to-date, it has seen a significant drop of 37.98%. However, there has been a notable increase in investor participation, with delivery volume rising by 42.86% compared to the 5-day average, indicating some positive interest despite the overall negative trend.In the broader market context, the stock's performance over the past week has been flat at 0.00%, while the benchmark Sensex has increased by 1.29%. This indicates that Dhanlaxmi Crop is lagging behind the market, contributing to its recent price movements. Year-to-date, the Sensex has gained 4.64%, contrasting sharply with the substantial decline in Dhanlaxmi Crop's stock price. The lack of available positive or negative factors further complicates the understanding of the stock's recent movements, as there are no specific catalysts identified that could explain the current price behavior.
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