Why is Manaksia Alumi. falling/rising?
As of 06-Oct, Manaksia Aluminium Company Ltd's stock is priced at Rs 29.20, down 4.73% and underperforming with a -10.32% return over the past week. Despite a brief intraday gain, the stock's significant drop in trading volume and negative year-to-date performance highlight its struggles compared to the broader market.
As of 06-Oct, Manaksia Aluminium Company Ltd's stock is currently priced at Rs 29.20, reflecting a decline of Rs 1.45 or 4.73%. The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total return of -10.32% over the past week. Although it opened today with a gain of 4.73% and reached an intraday high of Rs 32.1, it ultimately closed at its day's low of Rs 29.20. The stock's trading volume has significantly decreased, with delivery volume dropping by 94.53% compared to the five-day average, indicating falling investor participation. Additionally, while the stock is trading above its 100-day and 200-day moving averages, it remains below its 5-day, 20-day, and 50-day moving averages, suggesting a bearish trend.In the broader market context, the Sensex has shown a positive return of 1.77% over the past week, contrasting sharply with Manaksia Aluminium's decline. This underperformance against the benchmark highlights the stock's struggles in the current market environment. The stock's year-to-date performance is also negative at -7.83%, while the Sensex has gained 4.67% during the same period. The high volatility observed today, with an intraday fluctuation of 6.64%, further underscores the uncertainty surrounding the stock, contributing to its downward movement amidst a generally stable market.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
