Why is Mayur Leather falling/rising?

Sep 04 2025 09:09 PM IST
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As of 04-September, Mayur Leather Products Ltd's stock price is declining at 14.40, down 1.84% and has fallen for eight consecutive days, totaling a 14.59% drop. The stock underperformed its sector and benchmarks significantly, indicating challenges such as decreased investor interest and liquidity concerns.
As of 04-September, Mayur Leather Products Ltd is experiencing a decline in its stock price, currently at 14.40, which represents a decrease of 0.27 or 1.84%. The stock has been underperforming, having fallen for the last eight consecutive days, resulting in a total decline of 14.59% during this period. Additionally, the stock's performance today underperformed its sector by 3.7%. In terms of returns compared to benchmarks, the stock has seen a significant drop of 18.09% over the past month, while the Sensex has only decreased by 0.37%. The stock is currently above its 100-day and 200-day moving averages but below its 5-day, 20-day, and 50-day moving averages, indicating a mixed technical outlook. Notably, there has been a 42.55% drop in delivery volume compared to the 5-day average, suggesting a decrease in investor participation.

In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 0.80% over the past week. This stark difference highlights the stock's struggles relative to the overall market. While the Sensex has shown resilience, Mayur Leather's significant decline over the past month and week indicates specific challenges facing the company, including falling investor interest and liquidity concerns. The absence of any positive factors in the provided data further emphasizes the difficulties the stock is encountering, contributing to its downward trajectory.
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