Why is Maha Rashtra Apx falling/rising?

Sep 16 2025 09:12 PM IST
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As of 16-Sep, Maha Rashtra Apex Corporation Ltd's stock price is Rs 102.00, having increased by 2.26% today. Despite this short-term gain, the stock has declined significantly over the past month and year, underperforming compared to the broader market.
As of 16-Sep, Maha Rashtra Apex Corporation Ltd's stock price is currently at Rs 102.00, reflecting an increase of Rs 2.25 or 2.26%. The stock has shown a positive performance today, outperforming its sector by 1.98% and opening with a gain of 2.26%. It reached an intraday high of Rs 104.05, which is a 4.31% increase. However, despite this upward movement, the stock is still 3.24% away from its 52-week low of Rs 98.7. Over the past month, the stock has declined by 8.56%, and year-to-date, it has fallen by 31.13%. The stock's performance over the last year shows a significant decline of 41.70%, indicating ongoing challenges despite today's positive movement. There is no information available regarding positive or negative factors that could influence the stock's recent movement.

Broader Market Context: In comparison to the benchmark Sensex, which has increased by 1.58% over the past week, Maha Rashtra Apex Corporation Ltd's stock has only risen by 0.10% during the same period. This suggests that while the stock has seen a short-term rise, it has not kept pace with the broader market trends. The year-to-date performance also highlights a stark contrast, with the Sensex gaining 5.43% while the stock has dropped significantly. This disparity indicates that the stock is struggling to align with the overall market momentum, despite today's positive price action.
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