Why is Magson Retail falling/rising?

Sep 08 2025 11:04 PM IST
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As of 08-Sep, Magson Retail and Distribution Ltd's stock price is 114.00, up 2.93%, with increased investor participation indicated by a 33.33% rise in delivery volume. Despite recent short-term declines, the stock has a strong long-term performance, gaining 14.00% year-to-date and 19.75% over the past year.
As of 08-Sep, Magson Retail and Distribution Ltd's stock price is currently at 114.00, reflecting an increase of 3.25, or 2.93%. The stock has shown a performance today that outperformed its sector by 5.19%. Additionally, the stock's delivery volume has risen by 33.33% compared to the 5-day average, indicating increased investor participation. While the stock is trading higher than its 200-day moving average, it remains below its 5-day, 20-day, 50-day, and 100-day moving averages. Over the past week, the stock has declined by 3.80%, and over the past month, it has decreased by 8.80%. However, it has performed well year-to-date with a gain of 14.00% and a 19.75% increase over the past year.

In the broader market context, the Sensex has shown a positive return of 0.60% over the past week and 1.68% over the past month, contrasting with Magson's recent declines. Despite this, the stock's year-to-date and one-year performances significantly outperform the benchmark, suggesting that while short-term fluctuations are present, the long-term outlook remains strong. The lack of specific positive or negative factors in the dashboard does not detract from the stock's current upward movement, which may be driven by the increased trading volume and investor interest.
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