Why is Garment MLL PP falling/rising?
As of 27-Jun, Garment Mantra Lifestyle Ltd Partly Paidup's stock price has declined to Rs. 0.38, marking a 2.56% drop and a new all-time low. The stock has fallen for 19 consecutive days, underperforming the market significantly with a 57.78% decrease during this period.
As of 27-Jun, Garment Mantra Lifestyle Ltd Partly Paidup is experiencing a decline in its stock price, currently at Rs. 0.38, which reflects a decrease of Rs. 0.01 or 2.56%. The stock has hit a new 52-week and all-time low today, and it has been on a consecutive fall for the last 19 days, resulting in a significant drop of 57.78% 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 2331.96% against the 5-day average, the overall performance has underperformed the sector by 3.29%.In the broader market context, the stock's performance over the past week shows a decline of 19.15%, while the benchmark Sensex has increased by 2.00%. This stark contrast highlights the stock's underperformance relative to the market. The lack of positive factors in the provided data suggests that there are no significant catalysts to support a rebound in the stock's price, further contributing to its downward trajectory amidst a generally positive market environment.
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