Why is Magson Retail falling/rising?

Sep 05 2025 10:57 PM IST
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As of 05-Sep, Magson Retail and Distribution Ltd's stock price has declined to 110.75, down 6.54%, underperforming its sector and trading below all major moving averages. Despite a year-to-date gain of 10.75%, recent performance has been poor compared to the broader market, which has seen positive growth.
As of 05-Sep, Magson Retail and Distribution Ltd is experiencing a decline in its stock price, currently at 110.75, which reflects a decrease of 7.75 or 6.54%. The stock has underperformed its sector today by 7.07%, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 77.27% compared to the 5-day average. Over the past week, the stock has decreased by 2.64%, and over the past month, it has declined by 14.41%. Year-to-date, however, it has shown a positive return of 10.75%.

In the broader market context, the Sensex has increased by 1.29% over the past week and 0.36% over the past month, indicating that the overall market is performing better than Magson Retail. Despite a year-to-date gain of 10.75%, the stock's recent performance contrasts sharply with the benchmark, which has only seen a 4.64% increase. This suggests that while the stock had a strong start to the year, its recent downturn is significant, particularly in light of the broader market's positive trajectory.
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