Why is Garment MLL PP falling/rising?

Jul 07 2025 10:53 PM IST
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As of 07-Jul, Garment Mantra Lifestyle Ltd Partly Paidup's stock price is rising at 0.42, with a recent increase of 5.0%. However, declining delivery volume and mixed longer-term performance suggest potential volatility ahead despite short-term gains.
As of 07-Jul, Garment Mantra Lifestyle Ltd Partly Paidup's stock price is rising, currently at 0.42, reflecting an increase of 0.02 or 5.0%. The stock has shown strong performance recently, outperforming its sector by 5.66% today and has been on a consecutive gain streak for the last three days, accumulating a total return of 10.53% during this period. However, despite this positive momentum, the stock's delivery volume has significantly decreased by 85.06% compared to the 5-day average, indicating falling investor participation. Additionally, while the stock is currently above its 5-day moving average, it remains below its longer-term moving averages, suggesting potential volatility ahead.

In the broader market context, the stock's performance over the past week has been notably strong, with a return of +13.51%, contrasting sharply with the Sensex, which has declined by 0.20%. However, over the past month, Garment Mantra's stock has underperformed significantly, with a return of -40.85% compared to the Sensex's +1.53%. This disparity highlights the stock's recent volatility and the challenges it faces despite short-term gains. Overall, while the stock is experiencing a rise in price, the declining investor participation and mixed longer-term performance indicate a complex situation that may affect future movements.
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