Why is Mayur Leather falling/rising?

Jul 28 2025 08:58 PM IST
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As of 28-Jul, Mayur Leather Products Ltd's stock price is declining at 19.32, down 1.98%, with a total return of -11.29% over the last six days. The stock is underperforming compared to the Sensex, indicating specific challenges affecting its value more severely than the broader market.
As of 28-Jul, Mayur Leather Products Ltd is experiencing a decline in its stock price, currently at 19.32, which reflects a decrease of 0.39 or 1.98%. The stock has been on a downward trend, losing value for the last six consecutive days and accumulating a total return of -11.29% during this period. Although the stock's price is higher than its 50-day, 100-day, and 200-day moving averages, it is lower than its 5-day and 20-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 60.5% against the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.

In the broader market context, Mayur Leather's performance over the past week shows a decline of 9.51%, which is significantly worse than the Sensex's decline of 1.59% during the same period. This indicates that the stock is underperforming relative to the benchmark index. Over the past month, the stock has also shown a slight decline of 0.67%, while the Sensex has decreased by 3.77%. The stark contrast in performance suggests that Mayur Leather is facing specific challenges that are impacting its stock price more severely than the overall market.
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