Why is Manoj Ceramic falling/rising?
As of 30-Jun, Manoj Ceramic Ltd's stock price is Rs 192.25, down 4.99%, and has significantly underperformed its sector. The stock shows a negative trend with a drastic drop in investor participation, contrasting with the broader market's positive performance.
As of 30-Jun, Manoj Ceramic Ltd's stock price is currently at Rs 192.25, reflecting a decline of Rs 10.1 or 4.99%. The stock has underperformed its sector today by 5.35% and opened with a loss of 3.63%. It reached an intraday low of Rs 192.25, indicating significant selling pressure. Additionally, the stock has shown a negative trend over the past week and month, with declines of 4.99% and 3.88%, respectively. Notably, there has been a drastic drop in investor participation, with delivery volume falling by 99.12% against the 5-day average, suggesting a lack of interest from investors. There is no information available regarding positive or negative factors that could influence the stock's movement.In the broader market context, the Sensex has performed positively, gaining 2.09% over the past week and 2.65% over the past month, contrasting sharply with Manoj Ceramic's negative returns during the same periods. Year-to-date, the stock has only decreased by 1.51%, while the Sensex has increased by 7.00%. This underperformance relative to the benchmark indicates that the stock is struggling to attract investor confidence compared to the overall market, which may be contributing to its recent price decline.
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