Why is Garment MLL PP falling/rising?

Jun 23 2025 11:14 PM IST
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As of 23-Jun, Garment Mantra Lifestyle Ltd Partly Paidup's stock price has declined to Rs. 0.45, marking a 4.26% drop and a new all-time low. The stock has fallen for 15 consecutive days, underperforming the sector and the broader market significantly.
As of 23-Jun, Garment Mantra Lifestyle Ltd Partly Paidup is experiencing a decline in its stock price, currently at Rs. 0.45, which reflects a decrease of Rs. 0.02 or 4.26%. The stock has hit a new 52-week and all-time low today, and it has been on a consecutive fall for the last 15 days, resulting in a significant drop of 50% in returns during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Although there has been a notable increase in investor participation, with delivery volume rising by 732.15% against the 5-day average, the overall performance has underperformed the sector by 4.79%.

In the broader market context, the stock's 1-week return shows a decline of 18.18%, while the benchmark Sensex has only increased by 0.12% during the same period. This stark contrast highlights the stock's underperformance relative to the market. The lack of available positive or negative factors further complicates the analysis, as there are no specific insights into potential catalysts or headwinds affecting the stock's movement. Overall, the combination of persistent declines, poor performance against benchmarks, and the absence of supportive factors contributes to the ongoing downward trend in Garment Mantra Lifestyle Ltd Partly Paidup's stock price.
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