Why is Marvel Decor falling/rising?
As of 27-Jun, Marvel Decor Ltd is priced at 97.00 with no change, having underperformed recently with a year-to-date decline of -21.81%. Despite a slight outperformance against its sector today, the stock is below all moving averages, indicating a bearish trend amidst a stronger broader market.
As of 27-Jun, Marvel Decor Ltd is currently priced at 97.00, with no change in price (0.00%). The stock has underperformed in recent weeks, with a 1-week return of -6.73%, a 1-month return of -2.02%, and a year-to-date decline of -21.81%. Despite outperforming its sector by 0.29% today, the stock is trading below all its moving averages, indicating a bearish trend. The absence of any positive or negative factors in the dashboard limits the ability to identify specific catalysts for the stock's recent performance.Broader Market Context: In comparison to the benchmark Sensex, which has shown a positive return of +2.09% over the past week and +3.27% over the past month, Marvel Decor's short-term performance is significantly lagging. The broader market has also performed well year-to-date, with the Sensex up by +8.43%, while Marvel Decor continues to struggle with a substantial decline. This disparity highlights the challenges faced by Marvel Decor in the current market environment.
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