Why is Mayank Cattle Fo falling/rising?
As of 15-Oct, Mayank Cattle Food Ltd's stock price is Rs 210.00, down 8.7%, and has shown erratic trading with significant declines in investor participation. The stock has underperformed compared to the Sensex, decreasing 12.50% year-to-date while the index has risen by 5.72%.
As of 15-Oct, Mayank Cattle Food Ltd's stock price is currently at Rs 210.00, reflecting a decrease of Rs 20.0, or 8.7%. The stock has underperformed significantly today, opening with a loss of 8.7% and touching an intraday low of Rs 210. The stock has not traded on 5 out of the last 20 days, indicating erratic trading behavior. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a downward trend. Furthermore, there has been a notable decline in investor participation, with delivery volume dropping by 72.22% compared to the 5-day average, which may contribute to the stock's recent struggles. There are no positive or negative factors available to provide further context on the stock's movement.In the broader market context, Mayank Cattle Food Ltd has experienced a decline of 8.70% over the past week, while the Sensex has increased by 1.02% during the same period. This stark contrast highlights the stock's underperformance relative to the benchmark index. Over the year-to-date, the stock has decreased by 12.50%, whereas the Sensex has risen by 5.72%, further emphasizing the stock's challenges in the current market environment.
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