Why is Maiden Forgings falling/rising?

Oct 09 2025 12:17 AM IST
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As of 08-Oct, Maiden Forgings Ltd is currently priced at 79.90, reflecting a 0.76% increase and outperforming its sector today. The stock has shown a positive trend with significant recent gains, although its year-long performance lags behind the Sensex.
As of 08-Oct, Maiden Forgings Ltd is experiencing a price increase, currently at 79.90, reflecting a change of 0.6 or 0.76% upward. The stock has outperformed its sector by 1.53% today and has shown a consecutive gain over the last two days, with a total return of 3.1% during this period. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The delivery volume on 07 Oct has significantly increased by 182.05% compared to the 5-day average, suggesting rising investor participation. There is no information available regarding positive or negative factors that could influence the stock's movement.

In the broader market context, Maiden Forgings has delivered a 4.17% return over the past week, which is notably higher than the Sensex's return of 0.98% during the same period. However, over the past month, the stock's return of 1.14% is slightly lower than the Sensex's 1.22%. Year-to-date, Maiden Forgings has a return of 2.78%, which lags behind the Sensex's 4.65%. Despite the stock's recent gains, its performance over the last year shows a decline of 5.87%, contrasting with the Sensex's modest increase of 0.17%.
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