Morarka Finance Faces Significant Volatility Amid Sustained Downward Trend and Underperformance

Feb 20 2025 09:36 AM IST
share
Share Via
Morarka Finance has faced significant volatility, hitting a new 52-week low and experiencing a notable decline over the past three days. The stock has underperformed its sector and is trading below key moving averages, reflecting a sustained downward trend. Over the past year, it has declined substantially compared to the Sensex.
Morarka Finance, a microcap player in the finance/NBFC sector, has experienced significant volatility today, reaching a new 52-week low of Rs. 104.05. This decline marks a notable downturn, as the stock has underperformed its sector by 1.54% and has seen a consecutive fall over the past three days, resulting in a total drop of 14.04% during this period.

The stock has been trading within a narrow range of just Rs. 1, indicating limited price movement. Additionally, Morarka Finance is currently positioned below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a sustained downward trend in its performance metrics.

Over the past year, Morarka Finance has faced a challenging environment, with a performance decline of 35.59%, contrasting sharply with the Sensex, which has gained 3.54% in the same timeframe. Despite these challenges, the company offers a high dividend yield of 5.65% at its current price, which may attract attention from certain segments of the market.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News