Why is Manbro Indust. falling/rising?

Nov 10 2025 10:40 PM IST
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As of 10-Nov, Manbro Industries Ltd's stock price is Rs 470.25, up 4.99% today, but it has a year-to-date decline of -57.02%. Despite recent gains, its long-term performance lags behind the benchmark Sensex.
As of 10-Nov, Manbro Industries Ltd is experiencing a price increase, with its current price at Rs 470.25, reflecting a rise of Rs 22.35 or 4.99%. The stock has shown a positive trend today, outperforming its sector by 7.7% and reversing a two-day decline. It opened with a gain of 4.44% and reached an intraday high of Rs 470.25. Despite this positive movement, the stock's year-to-date performance remains significantly negative at -57.02%, although it has seen a remarkable increase of 1275.00% over the past three years. The delivery volume has notably decreased by 68.75% against the five-day average, indicating a potential decline in investor participation, which could impact future price movements.

Broader Market Context: In the short term, Manbro Industries Ltd has outperformed the benchmark Sensex, which has declined by 0.53% over the past week while the stock has gained 1.80%. However, the broader market context shows that the Sensex has increased by 1.25% over the past month, contrasting with the stock's modest gain of 2.17%. This suggests that while the stock is currently rising, it has underperformed relative to the benchmark over longer periods, particularly year-to-date and year-over-year, where it has significantly lagged behind the Sensex's positive returns.
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