Why is Megri Soft falling/rising?

Nov 04 2025 11:29 PM IST
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As of 04-Nov, Megri Soft Ltd's stock price is at 110.00, having increased by 4.76% recently. Despite strong short-term gains, the stock is down 41.83% year-to-date, indicating ongoing challenges compared to the benchmark Sensex.
As of 04-Nov, Megri Soft Ltd's stock price is currently at 110.00, reflecting an increase of 5.0, or 4.76%. The stock has shown strong performance recently, with a consecutive gain over the last two days, resulting in a total return of 7.06% during this period. Additionally, it has outperformed its sector by 5.75%. Over the past week, the stock has risen by 6.90%, while its one-month return stands at 13.75%. However, it is important to note that the stock has experienced a significant decline year-to-date, down 41.83%, and has lower delivery volume, indicating a potential decrease in investor participation.

Broader Market Context: In comparison to the benchmark Sensex, which has declined by 1.38% over the past week, Megri Soft's short-term performance is notably stronger. While the Sensex has gained 2.77% over the past month, Megri Soft's 13.75% increase highlights its relative strength in the market. Despite the recent positive movements, the stock's year-to-date performance remains concerning, as it lags behind the benchmark's 6.81% gain. This juxtaposition suggests that while the stock is currently rising, it has faced substantial challenges over a longer horizon.
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