Why is Mcleod Russel falling/rising?
As of 24-Sep, Mcleod Russel India Ltd is currently priced at Rs 40.13, reflecting a 5.19% increase and strong recent performance, outperforming the Sensex significantly over various time frames. The stock shows positive trends with increased investor participation and consistent trading above key moving averages.
As of 24-Sep, Mcleod Russel India Ltd is experiencing a price increase, currently at Rs 40.13, reflecting a rise of 1.98 or 5.19%. The stock has shown strong performance recently, gaining 9.29% over the last two days and outperforming its sector by 4.07% today. It has also been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 201% compared to the 5-day average. Unfortunately, the positive and negative factors dashboard is not available for further insights.In the broader market context, Mcleod Russel's short-term return of +7.01% over the past week stands in stark contrast to the benchmark Sensex, which has declined by 1.18% during the same period. Over the last month, the stock has also outperformed the Sensex, gaining 8.61% while the benchmark rose only 0.50%. Despite a year-to-date decline of 8.88%, Mcleod Russel's strong one-year performance of +60.52% compared to the Sensex's -3.77% indicates a robust recovery trend, particularly in the short term.
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