Why is KCD Industries falling/rising?
As of 24-Sep, KCD Industries India Ltd's stock price is at 9.60, down 0.72%, with a significant drop in investor participation. Despite a short-term gain of 1.05% over the past week, the stock has underperformed year-to-date by 5.88% compared to the Sensex's gain of 4.58%.
As of 24-Sep, KCD Industries India Ltd is experiencing a decline in its stock price, currently at 9.60, which reflects a decrease of 0.07 or 0.72%. The stock has underperformed its sector by 0.29% today, and there has been a significant drop in investor participation, with delivery volume falling by 91.48% compared to the 5-day average. Over the past week, the stock has shown a modest gain of 1.05%, but it has underperformed over the longer term, with a year-to-date decline of 5.88% and a one-year drop of 7.07%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, KCD Industries' performance contrasts with the benchmark Sensex, which has seen a decline of 1.18% over the past week while the stock gained 1.05%. However, over the past month, the stock has decreased by 1.54%, while the Sensex has increased by 0.50%. This indicates that while the stock has shown some resilience in the short term, it continues to struggle against the benchmark in the longer term, particularly with a year-to-date performance that is significantly worse than the Sensex's gain of 4.58%.
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