Why is Kaushalya falling/rising?
As of 04-Sep, Kaushalya Logistics Ltd's stock price is Rs 72.35, down 1.09%, and trading below all key moving averages, indicating a bearish trend. Despite a significant increase in investor participation, the stock is near its 52-week low and has experienced substantial declines both year-to-date and over the past year, contrasting with the broader market's positive performance.
As of 04-Sep, Kaushalya Logistics Ltd is experiencing a decline in its stock price, currently at Rs 72.35, which reflects a decrease of Rs 0.8 or 1.09%. The stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 3.25% away from Rs 70. Despite this, there has been a notable increase in investor participation, with delivery volume rising by 110.53% against the 5-day average. Over the past week and month, the stock has declined by 3.53%, and it has seen a significant year-to-date drop of 30.20%, while the one-year return shows a staggering decrease of 49.76%.In the broader market context, the Sensex has shown a positive return of 0.95% over the past week and a modest 0.05% over the past month, contrasting sharply with Kaushalya's negative performance. This divergence highlights the stock's underperformance relative to the benchmark index. The broader market has also seen a year-to-date gain of 4.61%, further emphasizing the challenges faced by Kaushalya Logistics Ltd in attracting investor confidence amid a generally positive market environment.
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