Why is Mahalaxmi Seam. falling/rising?

Nov 12 2025 10:42 PM IST
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As of 12-Nov, Mahalaxmi Seamless Ltd's stock price is at 9.03, up 5.0% today and has gained 13.73% over the last four days. However, it remains down 33.80% year-to-date and has underperformed the Sensex over the past month.
As of 12-Nov, Mahalaxmi Seamless Ltd's stock price is currently at 9.03, reflecting an increase of 0.43, or 5.0%. The stock has shown a strong performance today, outperforming its sector by 5.83% and has been on a consecutive gain streak for the last four days, resulting in a total return of 13.73% during this period. Additionally, the stock's delivery volume has significantly increased by 179.96% compared to the 5-day average, indicating rising investor participation. However, the stock's year-to-date performance remains negative at -33.80%, and it has underperformed against the benchmark Sensex over the past month, which has gained 2.38%.

Broader Market Context: In the short term, Mahalaxmi Seamless Ltd has outperformed the Sensex, which only rose by 1.21% over the past week, while the stock itself gained 9.32%. Despite this recent uptick, the stock's longer-term performance remains concerning, with a decline of -10.59% over the past month compared to the Sensex's positive return. This contrast highlights the stock's volatility and the challenges it faces in regaining investor confidence, particularly given its substantial year-to-date loss.
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