Dodla Dairy Faces Significant Stock Decline Amid Broader Market Challenges

Feb 11 2025 02:05 PM IST
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Dodla Dairy's stock has declined significantly, dropping 5.13% today and accumulating an 11.25% loss over the past three days. The stock is trading below all major moving averages, indicating a bearish trend. In the broader market, the Sensex has also faced challenges, reflecting a tough environment for investors.
Dodla Dairy, a midcap player in the FMCG sector, has experienced a notable decline today, with its stock price dropping by 5.13%. This performance marks a significant underperformance compared to the broader sector, which has seen a decrease of 2.04%. Over the past three days, Dodla Dairy has faced consecutive losses, accumulating a total decline of 11.25%.

The stock reached an intraday low of Rs 1,037, reflecting a decrease of 4.95% at its lowest point during the trading session. Additionally, Dodla Dairy is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in its short to long-term performance.

In terms of broader market context, the Sensex has also faced challenges, with a decline of 1.59% today and a 1.67% drop over the past month. Dodla Dairy's performance over the last month shows a decrease of 10.63%, further highlighting the stock's struggles in the current market environment.
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