Why is Mangalam Global falling/rising?
As of 30-Oct, Mangalam Global Enterprise Ltd's stock price is declining at 14.72, down 0.81%, and has underperformed its sector and the market over various time frames. The stock is trading below all key moving averages, indicating a bearish trend, with significantly reduced delivery volume suggesting weak investor participation.
As of 30-Oct, Mangalam Global Enterprise Ltd is experiencing a decline in its stock price, currently at 14.72, which represents a decrease of 0.12 or 0.81%. The stock has underperformed its sector by 0.27% today and has been on a consecutive fall for the last three days, totaling a drop of 2.13% in that period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, falling by 26.48% compared to the 5-day average, suggesting a reduction in investor participation. There are no positive or negative dashboard factors available to provide further context on the stock's recent movement.In the broader market context, Mangalam Global's performance over the past week shows a decline of 3.03%, while the benchmark Sensex has only decreased by 0.18%, indicating that the stock is underperforming relative to the market. Over the past month, the stock has declined by 7.54%, contrasting sharply with the Sensex's gain of 5.15%. Year-to-date, however, Mangalam Global has a positive return of 3.05%, but this is still less than the Sensex's 8.02% increase. Overall, the stock's recent downward trajectory appears to be influenced by weak investor sentiment and declining trading volumes, which are not reflected in the broader market's performance.
{{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
