Why is Dindigul Farm falling/rising?
As of 19-Nov, Dindigul Farm Product Ltd's stock price is at Rs. 16.40, down 2.9%, marking a new 52-week low and a 14.58% decline over the past five days. The stock is underperforming significantly compared to the Sensex, which has gained 0.85% in the same period.
As of 19-Nov, Dindigul Farm Product Ltd is experiencing a decline in its stock price, currently at Rs. 16.40, which represents a decrease of 0.49 or 2.9%. The stock has hit a new 52-week and all-time low today, and it has been on a consecutive downward trend for the last five days, resulting in a significant drop of 14.58% over that period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating persistent weakness. There has also been a notable decline in investor participation, with delivery volume dropping by 85.58% compared to the 5-day average, which further reflects a lack of confidence among investors.In the broader market context, Dindigul Farm's performance has been significantly worse than the benchmark Sensex, which has gained 0.85% over the past week while the stock has fallen by 14.58%. Over the past month, the stock has decreased by 13.46%, contrasting sharply with the Sensex's increase of 1.47%. Year-to-date, Dindigul Farm has plummeted by 68.28%, while the Sensex has risen by 9.02%. This stark disparity highlights the stock's underperformance relative to the market, contributing to the ongoing decline in its price.
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