Why is Dindigul Farm falling/rising?
As of 06-Oct, Dindigul Farm Product Ltd's stock price is Rs 19.77, down 5.0%, and has fallen 10.95% over the past week, significantly underperforming against the Sensex. The stock is trading below all major moving averages, indicating a bearish trend, and has seen a 62.26% drop in delivery volume, reflecting low investor interest.
As of 06-Oct, Dindigul Farm Product Ltd is experiencing a decline in its stock price, currently at Rs 19.77, which represents a decrease of 1.04 or 5.0%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 8.89% during this period. Additionally, it opened with a loss of 5% today and reached an intraday low of Rs 19.77. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Furthermore, there has been a significant drop in investor participation, with delivery volume decreasing by 62.26% compared to the 5-day average. There is no information available regarding positive or negative factors impacting the stock.Broader market context indicates that Dindigul Farm's performance has been notably poor compared to the benchmark, the Sensex, which has gained 1.77% over the past week while Dindigul Farm has dropped 10.95%. Year-to-date, the stock has plummeted by 61.76%, contrasting sharply with the Sensex's increase of 4.67%. This stark difference in performance highlights the stock's struggles in the current market environment, further exacerbated by its recent erratic trading and low liquidity, which may deter potential investors.
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