Why is Future Ent. DVR falling/rising?
As of 10-Oct, Future Enterprises-DVR's stock price is at 3.40, down 4.76%, and has underperformed significantly, with a 32.00% decline year-to-date and a 36.21% drop over the past year, while the broader market shows positive gains. The stock is trading below all key moving averages and has lagged behind its sector and the Sensex over various time frames.
As of 10-Oct, Future Enterprises-DVR's stock price is currently at 3.40, reflecting a decrease of 0.17, or 4.76%. The stock has been underperforming, having fallen for the last two days with a total decline of 5.03% in that period. It is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, while the stock has seen a significant increase in delivery volume, rising by 184.37% against the 5-day average, it has still underperformed its sector by 5.06%. The stock's year-to-date performance shows a substantial decline of 32.00%, and it has fallen 36.21% over the past year, indicating ongoing challenges.In the broader market context, the Sensex has shown positive movement, gaining 1.59% over the past week and 5.58% year-to-date. This stark contrast highlights the underperformance of Future Enterprises-DVR, which has not only lagged behind the benchmark in the short term but also over longer periods, including a 55.26% decline over three years compared to a 42.26% increase in the Sensex. The lack of available positive or negative factors further emphasizes the challenges faced by the company, contributing to its declining stock price amidst a generally favorable market environment.
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