Why is Marvel Decor falling/rising?
As of 24-Jun, Marvel Decor Ltd's stock price is at 97.05, down 6.68% and significantly underperforming its sector and the broader market. Despite a recent increase in delivery volume, the stock has declined 21.77% year-to-date and continues to trade below all major moving averages.
As of 24-Jun, Marvel Decor Ltd's stock price is currently at 97.05, reflecting a decline of 6.95, or 6.68%. The stock has underperformed its sector today by 9.3%, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 6.68%, and year-to-date, it has fallen by 21.77%. Despite a notable increase in delivery volume by 118.75% on June 13, which indicates rising investor participation, the overall performance remains weak, with no positive or negative factors explicitly outlined to explain the recent movement.In the broader market context, the Sensex has shown a positive return of 0.77% over the past week, contrasting sharply with Marvel Decor's decline. This underperformance is evident as the stock has not only lagged behind the benchmark in the short term but also over the past month and year, with respective declines of 1.97% and 7.79%. The stark difference in performance suggests that while the market may be experiencing some upward momentum, Marvel Decor is struggling significantly, contributing to its falling stock price.
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