Why is Kaushalya Infra. falling/rising?
As of 14-Nov, Kaushalya Infrastructure Development Corpn Ltd's stock price is Rs 971.00, down 2.95%, and has underperformed its sector. The stock is in a bearish trend, trading below all key moving averages, with a significant drop in investor participation, contrasting with the overall market's positive performance.
As of 14-Nov, Kaushalya Infrastructure Development Corpn Ltd is experiencing a decline in its stock price, currently at Rs 971.00, which represents a decrease of Rs 29.5 or 2.95%. The stock has underperformed its sector by 2.92% today and has been on a downward trend for the last three days, accumulating a total loss of 4.61% during this period. Additionally, the stock opened with a loss of 2.05% and reached an intraday low of Rs 971. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Furthermore, there has been a significant drop in investor participation, with delivery volume falling by 40% compared to the 5-day average, which suggests a lack of confidence among investors.In the broader market context, Kaushalya Infra's recent performance contrasts sharply with the benchmark Sensex, which has gained 1.62% over the past week and 3.09% over the past month. While the stock has shown positive returns year-to-date at 1.17% and over the past year at 5.31%, its short-term performance is notably weaker than the benchmark. This divergence highlights the stock's current struggles amidst a generally positive market environment, further contributing to its declining price.
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