Why is Milestone Furn. falling/rising?
As of 24-Sep, Milestone Furniture Ltd's stock price has increased slightly to 13.90, reversing a two-day decline and showing strong performance with a year-to-date rise of 115.50%. The stock is outperforming the Sensex and has seen increased investor participation, indicating positive market sentiment.
As of 24-Sep, Milestone Furniture Ltd is experiencing a slight increase in its stock price, currently at 13.90, reflecting a change of 0.02 or 0.14% upward. The stock has shown a trend reversal, gaining after two consecutive days of decline. Notably, the stock's performance today is in line with its sector, and it has a rising investor participation with a delivery volume of 69,000 on 23 September, which is a 53.33% increase compared to the 5-day average. Additionally, the stock's returns over various periods are impressive, with a year-to-date increase of 115.50% and a one-year increase of 91.99%, significantly outperforming the Sensex, which has only risen by 4.58% and declined by 3.77% over the same period.In the broader market context, Milestone Furniture's short-term return of +0.07% over the past week contrasts sharply with the Sensex's decline of -1.18%, indicating that the stock is performing better than the overall market. This positive performance is further supported by the stock's moving averages, which are higher than the 20-day, 50-day, 100-day, and 200-day averages, although it is lower than the 5-day moving average. The liquidity of the stock is also favorable, as it is liquid enough for trade sizes of Rs 0 crore based on 2% of the 5-day average traded value. Overall, these factors contribute to the stock's recent upward movement despite the absence of specific positive or negative dashboard data.
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