Why is Kundan Edifice falling/rising?

Sep 19 2025 11:36 PM IST
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As of 19-Sep, Kundan Edifice Ltd's stock price is at 101.00, down 2.6%, and has underperformed its sector by 2.8%. Despite a recent short-term recovery, the stock has declined 32.71% year-to-date, contrasting with the Sensex's positive return of 7.11%.
As of 19-Sep, Kundan Edifice Ltd is experiencing a decline in its stock price, currently at 101.00, which reflects a decrease of 2.7 points or 2.6%. The stock has underperformed its sector by 2.8% today, despite showing a higher delivery volume of 4.8k on 18 September, which has increased by 42.86% compared to the 5-day average. Over the past week, the stock has gained 4.88%, but it has significantly underperformed on a year-to-date basis with a decline of 32.71%. The stock is currently trading above its 5-day and 20-day moving averages but below its 50-day, 100-day, and 200-day moving averages, indicating mixed performance in the short to medium term.

In the broader market context, Kundan Edifice's recent performance contrasts with the benchmark Sensex, which has only increased by 0.85% over the past week. While the stock has shown some recovery in the short term, its year-to-date performance remains significantly negative compared to the Sensex's positive return of 7.11%. This disparity suggests that while there may be some investor interest indicated by rising delivery volumes, the overall sentiment towards Kundan Edifice remains cautious, contributing to its current price decline.
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