Why is M P Agro Inds. falling/rising?
As of 11-Jul, M P Agro Industries Ltd's stock price is flat at 11.00, with a 1-year decline of 50.32%. Despite outperforming the Sensex year-to-date, the stock shows weak long-term performance and reduced trading interest.
As of 11-Jul, M P Agro Industries Ltd's stock price is flat, with no change at 11.00, reflecting a 0.00% movement. The stock has shown a mixed performance in recent periods, with a 1-week return of 0.00%, a 1-month decline of 11.65%, and a significant 1-year drop of 50.32%. Although the stock is currently trading higher than its 100-day and 200-day moving averages, it is lower than its 5-day, 20-day, and 50-day moving averages. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 29.82% against the 5-day average, indicating reduced trading interest. Unfortunately, there is no information available regarding positive or negative factors impacting the stock's recent movement.In the broader market context, the stock's performance over the past week is in line with the benchmark Sensex, which has declined by 1.12%. Year-to-date, M P Agro Industries Ltd has outperformed the Sensex, with a return of 6.80% compared to the benchmark's 5.58%. However, the stock's longer-term performance shows a stark contrast, with a 1-year decline of 50.32% against the Sensex's modest gain of 3.26%. This suggests that while the stock has had some positive momentum in the short term, its overall performance remains weak compared to the market, contributing to the current flat price movement.
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