Why is Marco Cables falling/rising?

Sep 16 2025 11:30 PM IST
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As of 16-Sep, Marco Cables & Conductors Ltd is experiencing a decline in its stock price, currently at 40.60, down 0.12%. The stock has underperformed significantly compared to the benchmark Sensex, with a year-to-date decline of 36.36% and a year-over-year drop of 41.20%.
As of 16-Sep, Marco Cables & Conductors Ltd is experiencing a slight decline in its stock price, currently at 40.60, reflecting a decrease of 0.05 or 0.12%. The stock has underperformed its sector by 1.18% today, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 28.57% compared to the 5-day average. Over the past week, the stock has seen a significant decline of 10.77%, and year-to-date, it is down 36.36%, indicating a challenging performance relative to the benchmark Sensex, which has gained 6.74% during the same period.

In the broader market context, while the Sensex has shown a positive return of 1.49% over the past week and 2.47% over the past month, Marco Cables has struggled to keep pace, highlighting a stark contrast in performance. The stock's year-over-year decline of 41.20% further emphasizes its underperformance compared to the benchmark, which has only decreased by 0.57% in the same timeframe. This disparity suggests that investor sentiment towards Marco Cables is currently negative, compounded by the lack of available positive factors to counterbalance its recent struggles.
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