Why is Foods & Inns falling/rising?
As of 14-Nov, Foods & Inns Ltd's stock price is Rs 78.15, down 3.48%, and has fallen 4.63% over the last two days. The stock is underperforming compared to the Sensex, with a year-to-date decline of 31.51%.
As of 14-Nov, Foods & Inns Ltd is experiencing a decline in its stock price, currently at Rs 78.15, which represents a decrease of Rs 2.82 or 3.48%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 4.63% during this period. It opened with a loss of 2.43% today and is trading below all key moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, just 3.92% away from Rs 75.09. The delivery volume has also decreased significantly, falling by 34.04% against the 5-day average, suggesting a decline in investor participation.In the broader market context, Foods & Inns has underperformed compared to the Sensex, which has gained 1.62% over the past week while the stock has dropped 4.89%. Over the past month, the stock has decreased by 6.36%, contrasting with the Sensex's increase of 3.09%. Year-to-date, Foods & Inns has seen a substantial decline of 31.51%, while the benchmark has risen by 8.22%. This stark difference in performance highlights the challenges faced by Foods & Inns in the current market environment, contributing to its falling stock price.
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