Why is Digikore Studios falling/rising?

Oct 06 2025 11:37 PM IST
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As of 06-Oct, Digikore Studios Ltd's stock price is 155.25, down 4.4%, and significantly underperforming compared to its sector and the broader market. The stock is in a bearish trend, trading below all major moving averages, with a year-to-date decline of 45.72% and no positive indicators to suggest a turnaround.
As of 06-Oct, Digikore Studios Ltd is experiencing a decline in its stock price, currently at 155.25, which represents a decrease of 7.15 or 4.4%. The stock has underperformed significantly, with a performance today that is 6.58% lower than its sector. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has declined by 3.12%, and it has seen a substantial year-to-date drop of 45.72%. Despite a rise in delivery volume by 40.45% on October 3rd, there are no positive factors noted that could counterbalance the negative trends.

In the broader market context, the Sensex has shown a positive return of 1.80% over the past week, contrasting sharply with Digikore Studios' negative performance. This divergence highlights the stock's struggle relative to the overall market, as it has also underperformed over the past month and year, with declines of 9.66% and 61.73%, respectively. The lack of positive factors and the significant underperformance compared to the benchmark suggest that investor sentiment towards Digikore Studios remains weak, contributing to its falling stock price.
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