News and Views
Recent Price Movement and Market Context
On 24 November, Digidrive Distributors Ltd closed at ₹27.70, down by ₹0.24 or 0.86% from the previous session. This decline continues a short-term downward trend, with the stock having fallen for two consecutive days, resulting in a cumulative loss of 1.74% over this period. While the stock marginally outperformed its sector by 0.33% today, this relative strength has not been sufficient to reverse the broader negative momentum.
The stock’s performance over recent weeks and months further underscores the challenges it faces. Over the past week, Digidrive Distributors has declined by 2.98%, significantly underperforming the Sensex benchmark, which remained nearly flat with a 0.06% gain. The one-month return shows a similar pattern...
Read More
