Why is G G Dandekar falling/rising?
As of 08-September, G G Dandekar Properties Ltd's stock price is declining at 84.25, down 0.53%, and has underperformed its sector and the broader market significantly. The stock has fallen 25.44% year-to-date and continues to trade below all major moving averages, indicating ongoing challenges for the company.
As of 08-September, G G Dandekar Properties Ltd is experiencing a decline in its stock price, currently at 84.25, which reflects a decrease of 0.45 or 0.53%. The stock has underperformed its sector by 0.36% today, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, investor participation has decreased, with a delivery volume of 455 on September 5, showing a decline of 24.39% compared to the 5-day average. Over the past week, the stock has fallen by 0.88%, and it has seen a significant drop of 25.44% year-to-date, indicating ongoing challenges for the company.In the broader market context, the Sensex has increased by 0.53% over the past week, contrasting with G G Dandekar's decline, which highlights the stock's underperformance relative to the benchmark. Over the past month, while the Sensex has gained 1.16%, G G Dandekar's stock has dropped by 6.31%. This trend continues into the yearly performance, where the stock has decreased by 37.55%, while the Sensex has remained relatively flat with a decline of only 0.49%. The lack of positive factors in the dashboard further emphasizes the challenges faced by G G Dandekar, contributing to its recent price movement.
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