Why is Megasoft falling/rising?
As of 22-Jul, Megasoft Ltd's stock price is Rs. 108.60, down 1.54% after reaching a 52-week high. Despite this decline, it has shown strong returns over various periods and is trading above key moving averages, indicating a generally positive trend.
As of 22-Jul, Megasoft Ltd's stock price is currently at Rs. 108.60, reflecting a decline of Rs. 1.7 or 1.54%. The stock has recently hit a new 52-week high of Rs. 112.5 but has experienced a trend reversal, falling after six consecutive days of gains. Despite this decline, the stock has shown strong performance over various periods, with a 1-week return of 6.47% and a 1-month return of 27.02%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. The delivery volume has also increased significantly, suggesting rising investor participation, although the stock underperformed its sector by 1.32% today. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.Broader Market Context: In comparison to the benchmark Sensex, Megasoft's short-term performance has been notably stronger, with a 1-week return of 6.47% against the Sensex's decline of 0.47%. This trend continues over the longer term, with Megasoft outperforming the Sensex in both 1-month and year-to-date returns. The broader market context shows that while Megasoft has been performing well relative to the benchmark, the recent price decline may reflect a natural correction after a period of significant gains, coupled with sector underperformance today.
{{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
