Why is Disha Resources falling/rising?

Sep 23 2025 09:22 PM IST
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As of 23-Sep, Disha Resources Ltd is facing a decline in its stock price, currently at 18.60, reflecting a 2.52% decrease and significant underperformance compared to the Sensex. The stock has dropped 23.14% year-to-date, indicating a lack of investor confidence and a bearish trend.
As of 23-Sep, Disha Resources Ltd is experiencing a decline in its stock price, currently at 18.60, which reflects a decrease of 0.48 or 2.52%. The stock has underperformed its sector by 2.85% today and has seen a consecutive fall over the last two days, resulting in a total drop of 7.78% during this period. Additionally, the stock 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 decreased, with a 58.4% drop compared to the 5-day average, suggesting a decline in investor participation. There are no positive or negative factors available to further explain the stock's recent movement.

In the broader market context, Disha Resources has underperformed compared to the Sensex, with a 1-week return of -9.27% against the benchmark's -0.34%. Over the past month, the stock has also declined by 9.49%, while the Sensex has increased by 0.98%. Year-to-date, Disha Resources shows a significant drop of 23.14%, contrasting sharply with the Sensex's gain of 5.07%. This persistent underperformance relative to the benchmark indicates that the stock is struggling to attract investor confidence in the current market environment.
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