Why is Mangalam Industr falling/rising?

Sep 22 2025 09:46 PM IST
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As of 22-Sep, Mangalam Industrial Finance Ltd's stock price is at 1.77, showing a 1.14% increase today and a 1.14% gain over the past week. Despite recent positive trends, the stock has significant year-to-date and annual declines of 52.03% and 55.53%, respectively, contrasting with the Sensex's performance.
As of 22-Sep, Mangalam Industrial Finance Ltd's stock price is currently at 1.77, reflecting an increase of 0.02 or 1.14%. The stock has shown a positive trend today, having outperformed its sector by 0.72% and marking a gain after two consecutive days of decline. The stock's performance over the past week has been a gain of 1.14%, while it has also seen a 1.72% increase over the past month. Notably, the stock is currently trading above its 20-day, 50-day, and 100-day moving averages, although it remains below its 5-day and 200-day moving averages. Additionally, there has been a rise in investor participation, with delivery volume increasing by 9.53% compared to the 5-day average, indicating growing interest in the stock. Unfortunately, there is no information available regarding positive or negative factors that may be influencing the stock's movement.

In the broader market context, the stock's short-term performance has outpaced the benchmark Sensex, which has risen by 0.46% over the same week. However, it is important to note that the stock has experienced significant declines year-to-date and over the past year, with losses of 52.03% and 55.53%, respectively, while the Sensex has gained 5.15% and declined by only 2.82% over the same periods. This stark contrast highlights the challenges faced by Mangalam Industrial Finance Ltd in the longer term, despite its recent positive movement.
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