Why is Digikore Studios falling/rising?
As of 08-Oct, Digikore Studios Ltd's stock price is at 147.40, down 3.97%, and has underperformed its sector by 5.37%. The stock has declined 48.46% year-to-date and 61.75% over the past year, contrasting with the Sensex's positive performance.
As of 08-Oct, Digikore Studios Ltd is experiencing a decline in its stock price, currently at 147.40, which represents a decrease of 6.1 or 3.97%. The stock has underperformed its sector by 5.37% 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 fallen by 9.21%, and it has seen a significant year-to-date decline of 48.46%. Additionally, there has been a decrease in investor participation, with delivery volume dropping by 5.26% compared to the 5-day average. Unfortunately, there are no positive or negative factors available to provide further context on the stock's recent movement.In the broader market context, the Sensex has shown a positive return of 0.84% over the past week, contrasting sharply with Digikore Studios' negative performance. This underperformance is evident as the stock has not only declined in the short term but also over longer periods, with a staggering 61.75% drop over the past year compared to the Sensex's minimal increase of 0.13%. The stark difference in performance highlights the challenges faced by Digikore Studios in the current market environment.
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