Why is Garment MLL PP falling/rising?
As of 17-Oct, Garment Mantra Lifestyle Ltd Partly Paidup has seen a price increase to 0.51, up 8.51% over four days, with an 18.6% total return during this period. However, a significant drop in delivery volume by 86.84% raises concerns about investor participation despite the stock outperforming its sector.
As of 17-Oct, Garment Mantra Lifestyle Ltd Partly Paidup is experiencing a price increase, with its current price at 0.51, reflecting a change of 0.04 or 8.51% upward. The stock has been gaining for the last four days, resulting in a total return of 18.6% during this period. Additionally, the stock has outperformed its sector by 9.49%. However, it is important to note that the delivery volume has significantly decreased by 86.84% compared to the 5-day average, indicating a potential decline in investor participation. The stock's performance over the past week shows a return of 8.51%, while year-to-date and longer-term performance data is not available.Broader market context reveals that the Sensex has increased by 1.76% over the past week, suggesting that while Garment Mantra Lifestyle Ltd is performing well relative to the broader market, the overall market movement is modest. The stock's short-term performance is significantly stronger than the benchmark, indicating positive sentiment among investors despite the drop in delivery volume. The stock's current price is higher than its 5-day moving averages, although it remains lower than the longer-term moving averages, which may suggest a mixed outlook for sustained growth.
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