Why is Kandarp Digi falling/rising?
As of 24-Sep, Kandarp Digi Smart BPO Ltd's stock price is 114.25, down 4.99%, with a significant drop in investor participation and underperformance compared to its sector and the broader market. Despite a year-to-date increase of 134.60%, recent trends indicate short-term challenges and declining performance.
As of 24-Sep, Kandarp Digi Smart BPO Ltd is experiencing a decline in its stock price, currently at 114.25, which reflects a decrease of 6.0 or 4.99%. The stock has underperformed its sector today by 3.16%, and there has been a significant drop in investor participation, with delivery volume falling by 61.54% against the 5-day average. Over the past week, the stock has decreased by 4.35%, while it has shown a year-to-date increase of 134.60%, indicating strong long-term performance despite recent short-term challenges. Unfortunately, there is no available information on positive or negative factors that could further explain the stock's recent movement.Broader market context shows that while Kandarp Digi has faced a decline in the short term, the benchmark Sensex has only decreased by 1.08% over the same week. This indicates that the stock's performance is lagging behind the broader market trends. Additionally, the stock's performance over the past month has been negative at -4.79%, contrasting with the Sensex's slight gain of 0.75%, further highlighting the stock's underperformance relative to the market.
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