Why is Garment MLL PP falling/rising?

Jul 04 2025 10:59 PM IST
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As of 04-Jul, Garment Mantra Lifestyle Ltd Partly Paidup is seeing a price increase to 0.40, up 2.56%, and has outperformed its sector. However, a significant drop in delivery volume raises concerns about the sustainability of this upward trend.
As of 04-Jul, Garment Mantra Lifestyle Ltd Partly Paidup is experiencing a price increase, with its current price at 0.40, reflecting a change of 0.01 or 2.56% upward. The stock has shown a positive performance today, outperforming its sector by 1.74% and has been gaining for the last two days, resulting in a total return of 5.26% over the past week. However, it is important to note that the stock's delivery volume has significantly decreased by 71.83% compared to the 5-day average, indicating a decline in investor participation. Additionally, while the stock is currently above its 5-day moving average, it remains below the longer-term moving averages of 20, 50, 100, and 200 days, suggesting mixed signals regarding its momentum.

In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as the Sensex has declined by 0.74% over the past week. This indicates that Garment Mantra Lifestyle Ltd is performing well relative to the overall market, particularly in the short term. Despite the stock's recent gains, the significant drop in delivery volume raises concerns about sustainability and investor confidence. Overall, while the stock is currently rising, the falling investor participation could pose challenges for its continued upward trajectory.
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