Why is Sh. Dinesh Mills falling/rising?

Jul 14 2025 08:52 PM IST
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As of 14-Jul, Shri Dinesh Mills Ltd's stock price is declining at 306.45, down 1.46%, with a total drop of 2.3% over the last three days. The stock is underperforming compared to the Sensex and is trading below all key moving averages, indicating a bearish trend and reduced investor participation.
As of 14-Jul, Shri Dinesh Mills Ltd is experiencing a decline in its stock price, currently at 306.45, which represents a decrease of 4.55 or 1.46%. The stock has been underperforming, having fallen consecutively for the last three days, with a total decline of 2.3% during this period. It opened with a loss of 2.56% today and reached an intraday low of Rs 303.05. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has significantly decreased by 94.14% compared to the 5-day average, suggesting falling investor participation. While the stock boasts a high dividend yield of 9.65%, the overall performance has been poor, with returns of -1.78% over the past week and a staggering -42.61% over the past year.

In the broader market context, the stock's recent performance has been weaker than the benchmark Sensex, which has shown a decline of only 1.42% over the past week. The stock's year-to-date performance is particularly concerning, with a drop of 23.20%, while the Sensex has gained 5.27% during the same period. This stark contrast highlights the challenges faced by Shri Dinesh Mills Ltd in attracting investor confidence compared to the overall market. The lack of positive factors in the provided data further emphasizes the difficulties the company is encountering, contributing to the downward pressure on its stock price.
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