Why is Meyer Apparel falling/rising?
As of 15-Jul, Meyer Apparel Ltd's stock price is 2.31, having increased by 1.76% over the day and showing strong performance with a total return of 11.59% over the last six days. The stock has outperformed its sector and the broader market, with a year-to-date return of 33.53%.
As of 15-Jul, Meyer Apparel Ltd's stock price is currently at 2.31, reflecting an increase of 0.04 or 1.76%. The stock has shown strong performance recently, gaining for the last six consecutive days and achieving a total return of 11.59% during this period. Additionally, the stock has outperformed its sector by 0.42% today. Over the past week, Meyer Apparel has experienced a remarkable return of 9.48%, while its year-to-date performance stands at an impressive 33.53%. The stock's delivery volume has also increased by 16.24% compared to the five-day average, indicating rising investor participation. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's movement.Broader Market Context: In comparison to the benchmark, the Sensex has declined by 1.36% over the past week, highlighting Meyer Apparel's strong performance relative to the broader market. While the stock has faced a slight decline of 0.86% over the past month, it has significantly outperformed the Sensex, which has risen by 1.79% during the same timeframe. This contrast underscores the stock's resilience and appeal to investors, particularly in the face of broader market challenges.
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