Why is Dindigul Farm falling/rising?
As of 03-Sep, Dindigul Farm Product Ltd's stock price is Rs. 17.58, down 4.97%, marking a new 52-week low and a year-to-date decline of 66.00%. The stock has significantly underperformed its sector and the broader market, with reduced investor interest evident in a 26.09% drop in delivery volume.
As of 03-Sep, Dindigul Farm Product Ltd's stock price is currently at Rs. 17.58, reflecting a decline of Rs. 0.92 or 4.97%. The stock has hit a new 52-week low today and has underperformed its sector by 4.49%. Over the past week, the stock has decreased by 13.70%, and its year-to-date performance shows a significant drop of 66.00%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. There has also been a notable decrease in investor participation, with delivery volume falling by 26.09% compared to the 5-day average, suggesting reduced interest among investors.In the broader market context, while the Sensex has remained relatively stable with a slight decline of 0.27% over the past week, Dindigul Farm's performance starkly contrasts this, highlighting its struggles. The stock's year-on-year return of -81.30% further emphasizes its underperformance compared to the benchmark, which has only declined by 2.41% in the same period. This significant disparity indicates that the challenges faced by Dindigul Farm are more severe than those affecting the overall market, contributing to its declining stock price.
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