Why is Mafia Trends falling/rising?
As of 03-Jul, Mafia Trends Ltd is experiencing a decline in its stock price, currently at 12.80, reflecting a bearish trend with a total decline of 6.23% over the last two days and significant underperformance compared to the Sensex. The stock is trading below all major moving averages, and delivery volume has decreased by 50%, indicating a lack of investor interest.
As of 03-Jul, Mafia Trends Ltd is experiencing a decline in its stock price, currently at 12.80, which represents a decrease of 0.3 or 2.29%. The stock has been underperforming, having fallen for the last two consecutive days, resulting in a total decline of 6.23% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, falling by 50% compared to the 5-day average, suggesting a lack of investor interest. Unfortunately, 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 3.40%, while the Sensex has only decreased by 0.62%, indicating that the stock is underperforming relative to the benchmark. Over the past month, the stock has dropped 4.55%, contrasting with the Sensex's gain of 3.10%. Year-to-date, Mafia Trends has seen a significant decline of 42.50%, while the Sensex has increased by 6.53%. This stark difference highlights the challenges faced by Mafia Trends Ltd in the current market environment.
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