Why is M K Exim India falling/rising?
As of 06-Nov, M K Exim (India) Ltd's stock price is Rs 58.45, down 12.77%, and has underperformed its sector significantly. The stock has declined 31.99% year-to-date, contrasting sharply with the broader market's performance.
As of 06-Nov, M K Exim (India) Ltd is experiencing a decline in its stock price, currently at Rs 58.45, reflecting a decrease of 8.56 points or 12.77%. The stock has underperformed its sector by 11.52% today and has been on a downward trend, losing 14.11% over the last two days. It reached an intraday low of Rs 57.15, indicating significant volatility with an intraday fluctuation of 7.75%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The recent performance metrics show that the stock has declined by 13.46% over the past week and 14.36% over the past month, while it has seen a year-to-date drop of 31.99%. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.Broader market context indicates that the Sensex has only decreased by 1.30% over the past week, suggesting that M K Exim's decline is more pronounced compared to the broader market. While the stock has shown a positive return of 5.37% over the last three years and an impressive 1276.23% over five years, its recent performance starkly contrasts with the Sensex's 6.62% gain year-to-date and 3.65% over the past year. This significant underperformance relative to the benchmark highlights the challenges faced by M K Exim in the current market environment.
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