Why is MILGREY FIN.&INV falling/rising?
As of 15-Oct, Milgrey Finance & Investments Ltd's stock price is declining at 84.52, down 0.98%, and has lost 6.09% over the last three days. Despite a significant 111.46% gain over the past year, it is currently underperforming compared to the broader market and its sector.
As of 15-Oct, Milgrey Finance & Investments Ltd is experiencing a decline in its stock price, currently at 84.52, which represents a decrease of 0.84 or 0.98%. The stock has been underperforming, having lost 6.09% over the last three days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock's performance over the past month shows a significant drop of 16.23%, contrasting sharply with its impressive 111.46% gain over the past year. There is no information available regarding positive or negative factors that could influence the stock's recent movement.Broader Market Context: In comparison to the benchmark, the Sensex, which has gained 1.02% over the past week, Milgrey's stock has increased by 1.49% in the same period, indicating a short-term outperformance. However, the broader finance sector has seen a gain of 2.24%, suggesting that Milgrey is lagging behind its peers. The recent decline in investor participation, with a drop in delivery volume by 18.33% against the 5-day average, further highlights the challenges the stock is facing in maintaining momentum amidst a generally positive market environment.
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