Why is Mefcom Capital falling/rising?

Sep 16 2025 09:42 PM IST
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As of 16-Sep, Mefcom Capital Markets Ltd's stock price is declining at 15.20, down 1.81%, and has underperformed its sector. The stock has seen a significant drop in delivery volume and a year-to-date decline of 31.07%, indicating negative investor sentiment.
As of 16-Sep, Mefcom Capital Markets Ltd is experiencing a decline in its stock price, currently at 15.20, which reflects a decrease of 0.28 or 1.81%. The stock has underperformed its sector today by 2.09% and has shown a trend reversal, falling after two consecutive days of gains. Additionally, the stock's delivery volume has significantly decreased by 70.76% compared to the 5-day average, indicating a drop in investor participation. Over the past month, the stock has declined by 7.37%, while its year-to-date performance shows a substantial drop of 31.07%. The stock is currently trading higher than its 5-day moving average but lower than its 20-day, 50-day, 100-day, and 200-day moving averages.

In the broader market context, the Sensex has increased by 1.58% over the past week, contrasting with Mefcom's modest gain of 0.93% during the same period. This suggests that while the overall market is performing well, Mefcom is lagging behind. The stock's year-to-date performance of -31.07% starkly contrasts with the Sensex's gain of 5.43%, highlighting its underperformance in the market. The significant drop in delivery volume and the recent trend reversal further indicate that investor sentiment towards Mefcom is currently negative, contributing to its declining stock price.
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