Why is Kiduja India falling/rising?
As of 05-Sep, Kiduja India Ltd's stock price is Rs 22.94, down 4.42% and has fallen 94.74% year-to-date, indicating significant underperformance compared to the Sensex, which has gained 1.13% over the same period. The stock has seen reduced investor interest, with delivery volume dropping by 60.27% from the five-day average.
As of 05-Sep, Kiduja India Ltd's stock price is currently at Rs 22.94, reflecting a decline of Rs 1.06 or 4.42%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 5.64% during this period. Today's trading saw the stock reach a high of Rs 24.49 but also dip to a low of Rs 22.8. The stock's performance over the past week shows a decrease of 3.86%, and it has experienced significant declines year-to-date, down 94.74%. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 60.27% compared to the five-day average, indicating reduced interest in the stock.In the broader market context, Kiduja India Ltd's performance contrasts sharply with the Sensex, which has gained 1.13% over the past week. The stock's year-to-date performance is particularly concerning, as it has significantly underperformed the benchmark, which has seen a modest increase of 3.29%. This stark difference in returns highlights the challenges facing Kiduja India Ltd, as it continues to struggle against a backdrop of a generally stable market. The lack of positive factors to counterbalance these declines further exacerbates the stock's downward trajectory.
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