Why is Mangal Credit falling/rising?
As of 05-September, Mangal Credit & Fincorp Ltd is experiencing a price increase to 185.10, with a 1.01% rise and strong investor participation indicated by a 99.37% increase in delivery volume. The stock has outperformed the Sensex over the past year and shows a solid upward trajectory with significant returns over various periods.
As of 05-September, Mangal Credit & Fincorp Ltd is experiencing a price increase, currently at 185.10, reflecting a change of 1.85 or 1.01% upward. The stock has shown strong performance today, outperforming its sector by 0.52%. Additionally, the stock's delivery volume has significantly increased, rising by 99.37% against the 5-day average, indicating rising investor participation. Over the past year, Mangal Credit has delivered a return of 29.49%, significantly outperforming the Sensex, which has declined by 1.81%. The stock's performance over various periods, including a 22.14% year-to-date increase and a remarkable 305.48% rise over the last five years, further underscores its strong upward trajectory.In the broader market context, Mangal Credit's short-term return of 2.61% over the past week surpasses the Sensex's return of 1.13%, indicating a favorable position relative to the benchmark. The stock's liquidity is also adequate for trading, as it represents 2% of the 5-day average traded value. While there are no specific positive or negative factors detailed in the available data, the overall trends suggest that the stock's recent rise is supported by strong investor interest and solid historical performance compared to the broader market.
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