Why is Madhusudan Sec. falling/rising?
As of 10-Oct, Madhusudan Securities Ltd is seeing a price increase to Rs 24.44, up 14.1%, with strong short-term performance, outperforming the Sensex recently. However, it has underperformed year-to-date with a decline of 10.67%.
As of 10-Oct, Madhusudan Securities Ltd is experiencing a price increase, with its current price at Rs 24.44, reflecting a rise of Rs 3.02 or 14.1%. The stock has shown strong performance today, outperforming its sector by 14.14% and achieving a consecutive gain over the last two days, resulting in a total return of 16.44% during this period. Additionally, the stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The rising investor participation is also notable, with a delivery volume increase of 74.62% compared to the 5-day average, contributing to the stock's upward movement. There is no information available regarding positive or negative factors that could further influence this trend.Broader market context shows that Madhusudan Securities Ltd has outperformed the benchmark Sensex in the short term, with a 1-week return of 8.38% compared to the Sensex's 1.59%. Over the past month, the stock has gained 11.09%, again surpassing the Sensex's 1.32% increase. However, it is important to note that the stock has underperformed on a year-to-date basis, with a decline of 10.67% compared to the Sensex's gain of 5.58%. This contrast highlights the stock's recent recovery and positive momentum despite its longer-term challenges.
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