Why is Garment MLL PP falling/rising?
As of 13-Oct, Garment Mantra Lifestyle Ltd Partly Paidup's stock price is declining at 0.43, down 8.51%, and has lost 52.22% over the last 14 days, underperforming the market significantly. Despite increased investor interest, the stock continues to trade below key moving averages and has not shown positive returns.
As of 13-Oct, Garment Mantra Lifestyle Ltd Partly Paidup is experiencing a decline in its stock price, currently at 0.43, which represents a decrease of 0.04 or 8.51%. The stock has been underperforming significantly, having lost 52.22% over the last 14 days, and it is trading below all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day). Additionally, the stock has shown a substantial decline of 28.33% over the past week, while the Sensex has increased by 0.66%. There is no information available regarding positive or negative factors that could influence the stock's recent movement.In the broader market context, Garment MLL PP's performance has been notably poor compared to the benchmark, as it has underperformed the sector by 8.13% today. While the Sensex has shown a modest gain of 0.52% over the past month and 5.36% year-to-date, Garment MLL PP's lack of positive returns in the same periods highlights its struggles in the current market environment. The rising investor participation, indicated by a 63.66% increase in delivery volume, suggests some interest in the stock, but it has not translated into positive price movement amidst the ongoing decline.
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