Why is Mangal Compuso. falling/rising?
As of 23-Sep, Mangal Compusolution Ltd's stock price is Rs 57.25, down 3.38%, and has underperformed its sector. Despite a positive weekly return of 3.13%, the stock has seen a significant drop in investor participation and has lagged behind the benchmark Sensex recently.
As of 23-Sep, Mangal Compusolution Ltd's stock price is currently at Rs 57.25, reflecting a decrease of Rs 2.0 or 3.38%. The stock has underperformed its sector today by 2.83%, opening with a loss of 3.29% and reaching an intraday low of Rs 57.25. Over the past week, the stock has shown a positive return of 3.13%, although it has declined by 0.95% over the past month. Notably, the stock has experienced erratic trading, not trading on one day out of the last 20 days, and there has been a significant drop in investor participation, with delivery volume falling by 73.68% compared to the 5-day average. There is no information available regarding positive or negative factors impacting the stock.Broader market context indicates that while Mangal Compusolution Ltd has performed well year-to-date with a return of 67.89%, it has recently lagged behind the benchmark Sensex, which has gained 5.07% in the same period. The stock's performance over the last week contrasts with the Sensex's slight decline of 0.34%, suggesting that the recent drop in Mangal Compusolution's price may be influenced by company-specific issues rather than broader market trends.
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