Why is Diksha Greens falling/rising?

Jun 24 2025 10:37 PM IST
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As of 24-Jun, Diksha Greens Ltd's stock price is declining at 2.78, down 6.71%, and has underperformed its sector. The stock is trading below all major moving averages and has seen a significant drop in delivery volume, reflecting a bearish trend and a 24.25% decline over the past year.
As of 24-Jun, Diksha Greens Ltd is experiencing a decline in its stock price, currently at 2.78, reflecting a decrease of 0.2 or 6.71%. The stock has underperformed its sector by 6.4% today and has shown erratic trading patterns, not trading on 2 out of the last 20 days. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also significantly dropped, with a reported 4,000 shares traded on June 19, which is an 87.65% decrease compared to the 5-day average. Over the past year, the stock has fallen by 24.25%, contrasting sharply with the Sensex, which has gained 6.10%.

In the broader market context, the stock's performance over the past week shows a decline of 11.18%, while the Sensex has increased by 0.58%. This stark contrast highlights the stock's struggle against the benchmark. Despite a positive return of 7.75% over the past month, the overall trend remains negative, particularly in the long term, where the stock has underperformed significantly compared to the Sensex's 5.01% year-to-date gain. The lack of available positive factors further emphasizes the challenges faced by Diksha Greens Ltd in the current market environment.
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