Why is M K Proteins falling/rising?
As of 11-Sep, M K Proteins Ltd is experiencing a price increase to 7.06, with a 2.32% upward change. Despite recent gains, the stock has a year-to-date decline of 13.48% and has underperformed its sector and the broader market.
As of 11-Sep, M K Proteins Ltd is experiencing a price increase, with its current price at 7.06, reflecting a change of 0.16 or 2.32% upward. The stock has shown a positive trend, gaining for the last four days and achieving a total return of 6.33% during this period. However, it has underperformed its sector by 1.3%. In terms of returns compared to benchmarks, the stock has risen by 5.85% over the past week and 4.90% over the past month, while it has seen a year-to-date decline of 13.48%. The stock's moving averages indicate it is performing better than the 5-day, 20-day, 50-day, and 100-day averages but is still below the 200-day average. There is also a notable increase in investor participation, with delivery volume rising by 307.06% against the 5-day average, indicating heightened interest.In the broader market context, the Sensex has increased by 1.03% over the past week and 1.17% over the past month, suggesting that while M K Proteins is performing well in the short term, it is still lagging behind the overall market performance. The stock's year-to-date decline of 13.48% contrasts sharply with the Sensex's gain of 4.36% during the same period, highlighting the challenges faced by M K Proteins in the longer term. Despite the recent gains, the stock's performance over the past year has been significantly negative, with a decline of 36.34%, while the Sensex has remained relatively flat with a 0.03% increase.
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