Why is Mangal Credit falling/rising?

Aug 12 2025 09:09 PM IST
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As of 12-Aug, Mangal Credit & Fincorp Ltd's stock price is Rs 173.45, down 3.29%, and has underperformed its sector today. Despite a recent decline, it has gained 14.45% year-to-date and 43.11% over the past year, with increased investor participation noted.
As of 12-Aug, Mangal Credit & Fincorp Ltd is experiencing a decline in its stock price, currently at Rs 173.45, which reflects a decrease of Rs 5.9 or 3.29%. The stock has underperformed its sector by 2.38% today and reached an intraday low of Rs 173.45. Over the past week, the stock has seen a decline of 5.55%, and over the past month, it has dropped 14.56%. However, it has shown positive performance year-to-date with a gain of 14.45% and a significant increase of 43.11% over the past year. The stock is currently trading higher than its 200-day moving average but lower than its 5-day, 20-day, 50-day, and 100-day moving averages. There has been a rise in investor participation, with delivery volume increasing by 4.22% against the 5-day average, indicating some interest despite the price drop.

In the broader market context, Mangal Credit's recent performance contrasts with the Sensex, which has only decreased by 0.59% over the past week and 2.75% over the past month. This suggests that the stock's decline is more pronounced than the overall market trend. The stock's liquidity remains adequate for trading, as it accounts for 2% of the 5-day average traded value. Unfortunately, there is no available information regarding positive or negative factors that could further explain the stock's recent movement.
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