Why is Duke Offshore falling/rising?
As of 23-Sep, Duke Offshore Ltd's stock price is at 15.61, down 1.45%, and has underperformed significantly compared to the Sensex, with a year-to-date decline of 10.75%. The stock is trading below all major moving averages, indicating a bearish trend, and despite increased investor participation, there are no positive factors to improve its outlook.
As of 23-Sep, Duke Offshore Ltd's stock price is currently at 15.61, reflecting a decrease of 0.23, or 1.45%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 1.51%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock has shown significant underperformance over various time frames, with a year-to-date decline of 10.75% compared to a 5.07% increase in the benchmark index, Sensex. While there has been a notable rise in investor participation, with delivery volume increasing by 148.84% against the 5-day average, the overall sentiment appears negative as there are no positive factors available to counterbalance the stock's recent performance.In the broader market context, Duke Offshore's short-term performance has been significantly worse than that of the Sensex, which has only declined by 0.34% over the past week. The stock's 1-month return of -7.08% also contrasts sharply with the Sensex's positive return of 0.98% during the same period. This disparity suggests that while the overall market may be experiencing some stability or growth, Duke Offshore is facing specific challenges that are contributing to its decline. The lack of positive factors further emphasizes the difficulties the company is encountering in the current market environment.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
