Why is Khyati Multimed. falling/rising?
As of 06-Nov, Khyati Multimedia Entertainment Ltd's stock price is at 2.77, down 4.81%, and has significantly underperformed its sector and the benchmark Sensex. The stock has seen a drastic drop in investor participation and has declined 45.90% year-to-date, indicating weak investor sentiment.
As of 06-Nov, Khyati Multimedia Entertainment Ltd is experiencing a decline in its stock price, currently at 2.77, which represents a decrease of 0.14 or 4.81%. The stock has underperformed its sector by 3.53% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume on 04 Nov falling by 99.88% compared to the 5-day average. Over the past week, the stock has decreased by 9.18%, and year-to-date, it has fallen by 45.90%, indicating a troubling trend for investors. 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, Khyati Multimedia's short-term performance has been notably worse than the benchmark, as the Sensex has only declined by 1.30% over the past week. While the stock has faced significant losses year-to-date, the Sensex has gained 6.62% in the same period, highlighting a stark contrast in performance. This underperformance relative to the benchmark suggests that investor sentiment towards Khyati Multimedia is weak, contributing to the ongoing decline in its stock price.
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