Why is Mafia Trends falling/rising?
As of 24-Jun, Mafia Trends Ltd's stock price is at 12.66, down 4.09%, with a year-to-date decline of 43.13%. The stock is underperforming significantly compared to the market and its sector, indicating a bearish trend.
As of 24-Jun, Mafia Trends Ltd's stock price is currently at 12.66, reflecting a decrease of 0.54, or 4.09%. The stock has been underperforming, having lost 11.22% over the last two days and showing a significant year-to-date decline of 43.13%. It is trading below all its moving averages, indicating a bearish trend. Additionally, while the stock has seen a rise in delivery volume by 11.11% against its 5-day average, it has still underperformed its sector by 5.13%. There is no information available regarding positive or negative factors that could influence the stock's recent movement.In the broader market context, Mafia Trends Ltd's performance over the past week shows a decline of 10.85%, while the Sensex has gained 0.58%. This stark contrast highlights the stock's significant underperformance relative to the benchmark. Over the past month, the stock has also fallen by 3.36%, while the Sensex has increased by 0.41%. The ongoing decline in Mafia Trends Ltd's stock price, coupled with its poor performance against the benchmark, suggests a challenging environment for the company amidst a generally stable market.
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