Why is Magson Retail falling/rising?

Sep 23 2025 11:48 PM IST
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As of 23-Sep, Magson Retail and Distribution Ltd's stock price is at 110.00, down 1.79%, and trading below all key moving averages, indicating a bearish trend. Despite a 66.67% increase in delivery volume, the stock has underperformed recently, declining 5.17% over the past week, while year-to-date performance is still positive at 10.00%.
As of 23-Sep, Magson Retail and Distribution Ltd is experiencing a decline in its stock price, currently at 110.00, which reflects a decrease of 2.0 or 1.79%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite this, there has been a notable increase in investor participation, with delivery volume rising by 66.67% compared to the 5-day average. Over the past week, the stock has underperformed, showing a decline of 5.17%, while its year-to-date performance remains positive at 10.00%.

In the broader market context, the Sensex has only fallen by 0.28% over the past week, suggesting that Magson Retail's decline is more pronounced than the overall market trend. While the stock has shown positive returns over the year at 7.90%, the recent short-term performance indicates a struggle against the benchmark. The lack of available positive or negative dashboard data limits the understanding of specific catalysts influencing the stock's movement, but the overall liquidity remains sufficient for trading.
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