Why is Kridhan Infra falling/rising?
As of 23-Sep, Kridhan Infra Ltd's stock price is at 3.80, down 3.55%, and has significantly underperformed its sector and the broader market. The stock has declined 4.04% over the past week and 34.37% year-to-date, with a notable drop in investor participation.
As of 23-Sep, Kridhan Infra Ltd's stock price is currently at 3.80, reflecting a decrease of 0.14, or 3.55%. The stock has underperformed its sector by 2.63% today, and it 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 22 September falling by 92.88% compared to the 5-day average. Over the past week, the stock has declined by 4.04%, and year-to-date, it has seen a substantial drop of 34.37%. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.In the broader market context, the Sensex has only decreased by 0.34% over the past week, indicating that Kridhan Infra's performance is notably weaker than the benchmark. While the Sensex has gained 5.07% year-to-date, Kridhan Infra's significant decline suggests that it is facing challenges that are not affecting the broader market to the same extent. This disparity in performance highlights the stock's struggles in comparison to the overall market trends.
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