Why is Mangal Credit falling/rising?
As of 21-Aug, Mangal Credit & Fincorp Ltd's stock price is declining, currently at 179.10, with a recent total drop of 2.13% over two days. Despite a year-to-date increase of 18.18%, its short-term performance has lagged behind the benchmark Sensex, indicating a shift in investor sentiment.
As of 21-Aug, Mangal Credit & Fincorp Ltd is experiencing a decline in its stock price, currently at 179.10, which reflects a decrease of 1.8 or 1.0%. The stock has underperformed its sector by 1.01% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 2.13% during this period. Although the stock is trading above its 200-day moving average, it is below its 5-day, 20-day, 50-day, and 100-day moving averages. In terms of performance over various time frames, the stock has shown a year-to-date increase of 18.18% and a one-year increase of 23.14%, but it has underperformed the benchmark Sensex in the short term, with a 1-week decline of 1.59% compared to the Sensex's gain of 1.74%.In the broader market context, while Mangal Credit has shown strong long-term performance, its recent short-term returns have lagged behind the benchmark, indicating a potential shift in investor sentiment. The stock's liquidity appears sufficient for trading, with a delivery volume increase of 1.71% against the 5-day average, suggesting some investor interest despite the recent price decline. However, the lack of available positive or negative factors in the dashboard limits the understanding of specific catalysts influencing the stock's recent performance. Overall, the combination of short-term underperformance relative to the benchmark and the recent consecutive price drops contributes to the current decline in Mangal Credit's stock price.
{{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
