Why is Manglam Infra falling/rising?

Sep 09 2025 11:23 PM IST
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As of 09-September, Manglam Infra & Engineering Ltd's stock price is at 29.40, down 5.01%, with a significant year-to-date decline of 32.34%. Despite recent short-term gains, the stock's long-term performance remains weak compared to the broader market.
As of 09-September, Manglam Infra & Engineering Ltd is experiencing a decline in its stock price, currently at 29.40, which reflects a decrease of 1.55 or 5.01%. The stock has underperformed its sector by 5.22% today, and the delivery volume has decreased by 28.57% compared to the 5-day average, indicating falling investor participation. Despite the stock showing positive returns over the past week (+8.69%) and month (+30.67%), it has significantly underperformed on a year-to-date basis with a decline of 32.34% and a staggering 56.73% drop over the past year. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.

In the broader market context, while Manglam Infra has outperformed the Sensex in the short term, the overall year-to-date performance starkly contrasts with the benchmark's gain of 5.18%. This suggests that while there may be some short-term optimism reflected in the recent weekly and monthly returns, the long-term outlook remains concerning, as indicated by the substantial year-over-year decline. The stock's current price movement, combined with the reduced investor participation and its relative performance against the benchmark, paints a picture of a company struggling to maintain investor confidence amidst broader market conditions.
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