Why is Majestic Auto falling/rising?

Sep 23 2025 10:58 PM IST
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As of 23-Sep, Majestic Auto Ltd's stock price is at 346.00, having increased by 0.26% after three days of decline. Despite recent gains, the stock has a year-to-date decline of 18.97% and has underperformed in the short term compared to the Sensex, though it has outperformed the benchmark over the past month.
As of 23-Sep, Majestic Auto Ltd's stock price is currently at 346.00, reflecting an increase of 0.9, or 0.26%. The stock has shown a trend reversal by gaining after three consecutive days of decline. Additionally, it has outperformed its sector by 0.51% today. The stock's delivery volume has risen significantly, increasing by 29.23% compared to the five-day average, indicating rising investor participation. However, despite this positive movement, the stock has experienced a year-to-date decline of 18.97% and a one-year decline of 19.82%, which suggests ongoing challenges despite recent gains. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.

In the broader market context, Majestic Auto's short-term performance over the past week shows a decline of 0.57%, which is worse than the benchmark Sensex's decline of 0.34%. However, over the past month, the stock has outperformed the Sensex, with a return of 1.79% compared to the benchmark's 0.98%. This indicates that while the stock has faced some short-term challenges, it has shown resilience and better performance in the longer term, particularly over the past month.
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