Why is Garment MLL PP falling/rising?

Jul 03 2025 10:55 PM IST
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As of 03-Jul, Garment Mantra Lifestyle Ltd Partly Paidup has seen a slight price increase to Rs. 0.39, but it has experienced a significant 51.85% decline over the past month and is trading below all moving averages. Despite outperforming its sector today, the stock's overall performance remains weak, reflecting ongoing challenges and decreased investor confidence.
As of 03-Jul, Garment Mantra Lifestyle Ltd Partly Paidup is experiencing a price increase, currently at Rs. 0.39, which reflects a change of Rs. 0.01 or 2.63% upward. Despite this positive movement today, the stock has faced significant challenges, including a 51.85% decline over the past month. The stock hit a new 52-week low of Rs. 0.37 earlier today and is trading below all its moving averages, indicating a bearish trend. Additionally, there has been a notable drop in investor participation, with delivery volume decreasing by 83.43% compared to the five-day average, suggesting a lack of confidence among investors.

In the broader market context, while Garment MLL PP has outperformed its sector by 2.33% today, its short-term performance contrasts sharply with the benchmark Sensex, which has declined by 0.62% over the past week. The Sensex has shown a positive return of 3.10% over the last month, highlighting the stock's underperformance relative to the market. Overall, while the stock has seen a slight uptick today, the broader trends and significant declines in recent periods indicate ongoing challenges for Garment MLL PP.
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