Why is Marco Cables falling/rising?

Sep 11 2025 11:28 PM IST
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As of 11-Sep, Marco Cables & Conductors Ltd's stock price is at 41.70, down 2.8%, and has underperformed its sector by 2.75%. Despite recent short-term gains, the stock has a year-to-date decline of 34.64% and a significant drop of 39.21% over the past year, with declining investor confidence contributing to its downward trend.
As of 11-Sep, Marco Cables & Conductors Ltd is experiencing a decline in its stock price, currently at 41.70, reflecting a decrease of 1.2 or 2.8%. Today's price summary indicates that the stock has underperformed its sector by 2.75%. In terms of returns, the stock has shown a positive performance over the past week and month, gaining 3.60% and 8.31% respectively. However, it has significantly underperformed in the long term, with a year-to-date decline of 34.64% and a one-year drop of 39.21%. Negative factors impacting the stock include flat results in January and a below-par performance over both the long and near term, which has contributed to the recent price movement.

Broader Market Context: The stock's short-term performance over the past week has outpaced the benchmark Sensex, which only increased by 1.10%. However, the broader context reveals that despite this short-term gain, Marco Cables has consistently underperformed against the BSE500 over the last three years, one year, and three months. Additionally, there has been a notable decline in investor participation, with delivery volume falling by 62.37% compared to the five-day average, indicating a lack of confidence among investors, which further exacerbates the stock's downward trend.
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