Why is Marco Cables falling/rising?

Sep 19 2025 11:36 PM IST
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As of 19-Sep, Marco Cables & Conductors Ltd is priced at 40.65, showing a slight increase but trading below all key moving averages, indicating a bearish trend. The stock has declined 36.29% year-to-date, underperforming the Sensex, which has gained 7.11%.
As of 19-Sep, Marco Cables & Conductors Ltd is currently priced at 40.65, reflecting an increase of 0.25 or 0.62%. However, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 28.57% compared to the 5-day average. Over the past month, the stock has decreased by 1.81%, and year-to-date, it has seen a substantial decline of 36.29%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.

In the broader market context, the stock's short-term performance over the past week shows a return of +0.74%, which is slightly lower than the Sensex's return of +0.85%. This indicates that while the stock has seen a minor uptick recently, it is still underperforming relative to the benchmark index. Over the longer term, the stock has significantly lagged behind the Sensex, with a year-to-date decline of 36.29% compared to the index's gain of 7.11%. This underperformance may contribute to the overall negative sentiment surrounding Marco Cables & Conductors Ltd.
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