Why is Mangalam Global falling/rising?
As of 05-Aug, Mangalam Global Enterprise Ltd's stock price is at 16.50, down 1.73% and has declined 6.04% over the last three days, underperforming its sector and the broader market. Despite a strong performance over the past month and year-to-date, recent trading activity has decreased significantly, indicating reduced investor interest.
As of 05-Aug, Mangalam Global Enterprise Ltd is experiencing a decline in its stock price, currently at 16.50, which reflects a decrease of 0.29 or 1.73%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 6.04% during this period. Additionally, the stock's performance today has underperformed its sector by 1.3%. Despite being above the 50-day, 100-day, and 200-day moving averages, it is below the 5-day and 20-day moving averages. Furthermore, there has been a notable drop in investor participation, with delivery volume decreasing by 35.51% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, the stock's performance over the past week shows a decline of 5.93%, while the benchmark Sensex has only decreased by 0.77%, indicating that Mangalam Global is underperforming relative to the market. However, over the past month, the stock has gained 8.55%, contrasting with the Sensex's decline of 3.26%, suggesting that it had previously shown strength. Year-to-date, Mangalam Global has outperformed the benchmark with a return of 15.51% compared to the Sensex's 3.29%. This recent downturn may reflect a correction after a period of strong performance, coupled with reduced trading activity and investor interest.
{{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
