Why is Inditrade Cap. falling/rising?
As of 12-Sep, Inditrade Capital Ltd's stock price is at 5.45, down 1.8% and has declined 49.30% year-to-date, underperforming the benchmark Sensex which has gained 4.82%. Despite a rise in delivery volume, the stock remains in a bearish trend with no positive indicators.
As of 12-Sep, Inditrade Capital Ltd's stock price is currently at 5.45, reflecting a decrease of 0.1, or 1.8%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 3.37% during this period. Additionally, the stock's performance over the past month shows a significant drop of 9.62%, while year-to-date it has plummeted by 49.30%. The stock is trading below all key moving averages, indicating a bearish trend. Although there has been a rise in investor participation with a 62.26% increase in delivery volume, the overall sentiment remains negative, as there are no positive factors available to counterbalance the stock's recent poor performance.In the broader market context, Inditrade Capital Ltd's recent performance contrasts sharply with the benchmark Sensex, which has gained 1.48% over the past week and 2.08% over the past month. The stark difference in returns highlights the stock's struggles, particularly as it has underperformed the sector by 3% today. The year-to-date performance shows a stark decline of 49.30% for Inditrade compared to a modest gain of 4.82% for the Sensex, further emphasizing the stock's challenges in the current market environment.
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