Why is Mega Nirman falling/rising?
As of 11-Nov, Mega Nirman & Industries Ltd is currently priced at 24.99, reflecting a 4.12% increase. The stock has outperformed its sector and the benchmark significantly, with strong returns over various time frames and rising investor interest.
As of 11-Nov, Mega Nirman & Industries Ltd is experiencing a price increase, currently at 24.99, reflecting a rise of 0.99 or 4.12%. The stock has shown strong performance recently, outperforming its sector by 6.11% today and has gained consecutively over the last two days, with a total return of 8.65% during this period. Additionally, the stock has performed well over various time frames, with a year-to-date increase of 23.47% compared to the Sensex's 7.34%. It is also trading above its moving averages across multiple time frames, indicating positive momentum. There is no information available regarding positive or negative factors that could influence the stock's movement.Broader Market Context: In the short term, Mega Nirman has significantly outperformed the benchmark, with a weekly return of 13.59% compared to the Sensex's modest gain of 0.49%. This trend of outperformance is consistent, as the stock has also shown superior returns over the past month and year compared to the benchmark. The broader market context indicates that while the finance/NBFC sector has declined by 2.03%, Mega Nirman's strong performance and rising investor participation, evidenced by a substantial increase in delivery volume, suggest that it is gaining traction among investors despite sector challenges.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
