Why is Madhya Prad. Tod falling/rising?
As of 04-Nov, Madhya Pradesh Today Media Ltd's stock is at 40.00, down 5.88%, and has significantly underperformed its sector and the Sensex. The stock shows a weakening trend with declining delivery volume and is below several key moving averages, indicating challenges in maintaining momentum.
As of 04-Nov, Madhya Pradesh Today Media Ltd's stock price is currently at 40.00, reflecting a decline of 2.5, or 5.88%. The stock has underperformed its sector by 6.26% today, and its delivery volume has significantly decreased by 61.54% compared to the 5-day average, indicating falling investor participation. Additionally, while the stock is above its 200-day moving average, it is below the 5-day, 20-day, 50-day, and 100-day moving averages, suggesting a weakening trend. Over the past week, the stock has dropped 5.88%, and it has seen a substantial decline of 23.81% over the past month, contrasting with a positive return of 2.83% for the Sensex during the same period.In the broader market context, the stock's recent performance is notably weaker than the benchmark, as it has declined significantly in the short term while the Sensex has only fallen by 1.31% over the past week. Year-to-date, Madhya Pradesh Today Media Ltd has decreased by 14.89%, while the Sensex has gained 8.26%, further highlighting the stock's underperformance. Despite a positive return of 9.59% over the past year, the recent trends suggest that the stock is struggling to maintain momentum in a market that is generally performing better.
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