Why is Duke Offshore falling/rising?

Oct 06 2025 10:06 PM IST
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As of 06-Oct, Duke Offshore Ltd's stock price is Rs 13.80, down 6.06% and underperforming with a 47.65% decline over the past year. The stock is trading below all moving averages, indicating a bearish trend, while investor sentiment remains negative despite increased participation.
As of 06-Oct, Duke Offshore Ltd's stock price is currently at Rs 13.80, reflecting a decline of Rs 0.89, or 6.06%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 6.38% during this period. Additionally, the stock is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 7.01%, and it has also shown significant underperformance over the past month and year-to-date, with declines of 15.34% and 21.10%, respectively. The stock is currently 4.93% away from its 52-week low of Rs 13.12. While there has been a notable increase in investor participation, with delivery volume rising by 108.14% against the 5-day average, the overall sentiment remains negative.
In the broader market context, the Sensex has shown a positive return of 1.77% over the past week, contrasting sharply with Duke Offshore's decline. This divergence highlights the stock's struggles relative to the benchmark index. The stock's performance has been particularly poor over the past year, with a staggering drop of 47.65%, while the Sensex has only marginally increased by 0.12%. This significant underperformance against the benchmark suggests that investor sentiment towards Duke Offshore is weak, contributing to the ongoing decline in its stock price.
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