Why is Riddhi Corporate falling/rising?

Sep 01 2025 10:15 PM IST
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As of 01-Sep, Riddhi Corporate Services Ltd is priced at 70.00, down 0.14%, and has underperformed its sector today. Despite recent declines, the company has shown consistent profit growth and is trading at a discount to peers, indicating potential for recovery amidst a cautious market sentiment.
As of 01-Sep, Riddhi Corporate Services Ltd is currently priced at 70.00, reflecting a decrease of 0.1 or 0.14%. The stock has underperformed its sector by 3.44% today, despite being higher than the 50-day, 100-day, and 200-day moving averages, but lower than the 5-day and 20-day moving averages. Over the past week, the stock has seen a slight decline of 0.11%, while it has gained 0.09% over the past month. Despite a year-to-date decline of 3.31% and a significant drop of 12.49% over the past year, the company has reported positive results for the last four consecutive quarters, with a notable growth in profit after tax and a strong return on capital employed. The stock is trading at a discount compared to its peers, which may indicate potential for recovery.

In the broader market context, the Sensex has declined by 1.56% over the past week, suggesting that the stock's short-term performance is relatively better than the benchmark. However, the stock's year-to-date performance is notably worse than the Sensex, which has increased by 2.85%. The BPO/ITeS sector has gained by 3.31%, indicating a positive trend in the industry that Riddhi Corporate operates within. The rising investor participation, with a significant increase in delivery volume, could suggest growing interest in the stock, although the overall market sentiment remains cautious given the stock's historical underperformance over the past three and five years.
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