Why is Milestone Global falling/rising?
As of 30-Oct, Milestone Global Ltd's stock price is at 27.10, showing a recent upward trend despite a significant decline in investor participation. While it has gained 5.65% over the last two days, its year-to-date performance remains poor, down 20.27% compared to the Sensex's increase of 8.02%.
As of 30-Oct, Milestone Global Ltd's stock price is currently at 27.10, reflecting an increase of 0.17, or 0.63%. The stock has been gaining for the last two days, with a total return of 5.65% during this period. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 65.59% compared to the 5-day average. While the positive and negative factors dashboard is unavailable, the recent performance suggests a mix of upward momentum tempered by reduced trading activity.In the broader market context, Milestone Global's short-term return of 0.37% over the past week contrasts with the Sensex, which has decreased by 0.18%. Over the last month, the stock has gained 2.38%, while the benchmark has outperformed with a return of 5.15%. Year-to-date, Milestone Global has seen a significant decline of 20.27%, in stark contrast to the Sensex's increase of 8.02%. This indicates that while the stock is experiencing a short-term rise, it has struggled significantly over a longer period compared to the broader market.
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