Why is Kerala Ayurveda falling/rising?
As of 17-Sep, Kerala Ayurveda Ltd's stock is priced at 480.60, down 0.91%, and has underperformed recently, losing 4.62% over three days and 2.52% over the past week, while still showing an 8.73% year-to-date increase. The stock's decline contrasts with the positive performance of the Sensex, indicating a struggle against broader market trends.
As of 17-Sep, Kerala Ayurveda Ltd's stock is currently priced at 480.60, reflecting a decline of 4.4 points or 0.91%. The stock has been underperforming, having lost 4.62% over the last three days and is currently lower than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains above the 200-day moving average. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 62.18% compared to the 5-day average. In terms of performance against benchmarks, the stock has seen a decline of 2.52% over the past week and 7.09% over the past month, while it has shown a year-to-date increase of 8.73% and a remarkable 54.83% increase over the past year.In the broader market context, the Sensex has performed positively, gaining 1.56% over the past week and 2.60% over the past month, contrasting sharply with Kerala Ayurveda's recent declines. This underperformance relative to the benchmark indicates that the stock is not only struggling in the short term but is also losing traction compared to the overall market. The lack of available positive or negative dashboard data further complicates the analysis, as it does not provide additional insights into potential catalysts or headwinds affecting the stock's performance.
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