Why is Garment MLL PP falling/rising?

Jul 02 2025 11:07 PM IST
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As of 02-Jul, Garment Mantra Lifestyle Ltd Partly Paidup is priced at Rs. 0.38, having recently hit a 52-week low and declined 57.78% over the past month, indicating a bearish trend despite increased investor participation. The stock significantly underperforms the Sensex, reflecting weak investor sentiment.
As of 02-Jul, Garment Mantra Lifestyle Ltd Partly Paidup is currently priced at Rs. 0.38, showing no change (0.00%). The stock has recently hit a new 52-week low of Rs. 0.37, indicating a downward trend. Over the past week, the stock has declined by 7.32%, and it has experienced a significant drop of 57.78% over the past month. Despite this, there has been a notable increase in investor participation, with delivery volume rising by 252.25% against the 5-day average, suggesting some interest in the stock. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically indicates a bearish sentiment. There is no information available regarding positive or negative factors that could influence the stock's recent movement.

In the broader market context, the Sensex has shown a positive return of 0.79% over the past week and a 2.50% increase over the past month. This contrasts sharply with Garment Mantra's performance, which has significantly underperformed the benchmark index. The stock's liquidity is deemed sufficient for trading, but the overall negative performance relative to the benchmark suggests that investor sentiment towards Garment Mantra remains weak, contributing to its declining price.
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