Why is KHFM Hospitality falling/rising?
As of 19-Sep, KHFM Hospitality & Facility Mgt. Services Ltd is currently priced at 74.80, reflecting a 2.54% increase, but has seen a significant decline in investor participation and a year-to-date drop of 19.48%. Despite a short-term outperformance against the Sensex, the stock's longer-term trend remains negative.
As of 19-Sep, KHFM Hospitality & Facility Mgt. Services Ltd is experiencing a price increase, currently at 74.80, reflecting a change of 1.85 or 2.54% upward. The stock has outperformed its sector by 2.73% today, although it is trading higher than its 5-day moving averages but lower than its 20-day, 50-day, 100-day, and 200-day moving averages. Notably, there has been a significant decline in investor participation, with delivery volume dropping by 70.59% against the 5-day average. Year-to-date, the stock has seen a decline of 19.48%, and over the past year, it has decreased by 26.38%, indicating a challenging performance in the longer term.In the broader market context, the stock's short-term return of 2.47% over the past week has outperformed the Sensex, which only increased by 0.85%. However, the stock's performance over the last month shows a decline of 7.43%, contrasting with the Sensex's gain of 1.39%. This suggests that while there may be a temporary rebound, the overall trend for KHFM Hospitality remains negative when viewed over a longer timeframe, particularly against the backdrop of a generally stable market.
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