Why is Mahickra Chem. falling/rising?

Sep 08 2025 10:34 PM IST
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As of 08-Sep, Mahickra Chemicals Ltd's stock price is 142.85, down 0.76%, and has underperformed its sector today. Despite a recent decline, the stock has shown strong long-term performance with a 26.42% year-to-date increase.
As of 08-Sep, Mahickra Chemicals Ltd is experiencing a decline in its stock price, currently at 142.85, reflecting a decrease of 1.1 points or 0.76%. The stock has underperformed its sector today by 1.27%. In terms of returns, over the past week, the stock has decreased by 3.45%, while it has shown a positive performance of 5.66% over the past month. Year-to-date, the stock has increased by 26.42%, and over the past year, it has risen by 31.54%. The stock is currently trading above its 50-day, 100-day, and 200-day moving averages, but below its 5-day and 20-day moving averages. Unfortunately, there is no information available regarding positive or negative factors impacting the stock's recent movement.

Broader market context shows that while Mahickra Chemicals has underperformed in the short term compared to the benchmark Sensex, which has gained 0.60% over the past week, the stock has outperformed the benchmark significantly over longer periods, including a 26.42% increase year-to-date compared to the Sensex's 4.77%. This indicates that despite the recent decline, the stock has a strong performance history, particularly over the longer term, which may suggest underlying strength that could influence future price movements.
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