Why is Dreamfolks Servi falling/rising?
As of 07-Nov, Dreamfolks Services Ltd's stock price is Rs 122.50, down 1.17%, and has declined 6.42% over the last three days. The stock is underperforming significantly compared to its sector and the broader market, with a year-to-date drop of 68.70%.
As of 07-Nov, Dreamfolks Services Ltd is experiencing a decline in its stock price, currently at Rs 122.50, which reflects a decrease of Rs 1.45 or 1.17%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 6.42% during this period. Additionally, it has underperformed its sector by 2.59% today. The stock has also been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a slight increase in delivery volume, the overall sentiment appears negative, as evidenced by the stock's significant year-to-date decline of 68.70% and a one-year drop of 73.61%.In the broader market context, the Sensex has shown a relatively stable performance with a year-to-date increase of 6.50% and a one-year rise of 4.62%. In comparison, Dreamfolks Services Ltd's short-term performance over the past week has been notably poor, with a decline of 4.67%, contrasting sharply with the Sensex's minor drop of 0.86%. This stark difference highlights the stock's struggles against the benchmark, further emphasizing the challenges it faces in regaining investor confidence amidst a broader market that is not experiencing similar declines.
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