Why is MILGREY FIN.&INV falling/rising?
As of 25-Sep, Milgrey Finance & Investments Ltd is currently priced at Rs 98.40, having risen 2.34% recently, but it has declined 17.35% over the past month. Despite recent gains, the stock's long-term performance has been volatile, significantly outperforming the Sensex over the past year.
As of 25-Sep, Milgrey Finance & Investments Ltd is experiencing a price increase, with its current price at Rs 98.40, reflecting a rise of Rs 2.25 or 2.34%. The stock has shown positive momentum, gaining for the last two days and achieving a total return of 3.36% during this period. It opened with a significant gain of 3.95% today and reached an intraday high of Rs 99.95. However, despite this upward movement, the stock's performance over the past month has been negative, with a decline of 17.35%. Additionally, the stock has seen a substantial drop in investor participation, with delivery volume falling by 82.65% against the 5-day average, indicating a potential concern for sustained interest in the stock.In the broader market context, Milgrey's recent performance contrasts sharply with the benchmark Sensex, which has declined by 2.23% over the past week. The stock has outperformed the sector by 3.7% today, suggesting that it is gaining traction despite the overall market downturn. Year-to-date, Milgrey has underperformed the Sensex, with a decline of 3.53% compared to the benchmark's increase of 3.87%. However, over the past year, the stock has significantly outperformed the Sensex, with a remarkable increase of 140% against the benchmark's decline of 4.71%. This indicates that while the stock is currently rising, its longer-term performance has been volatile, reflecting a complex relationship with market conditions.
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