Why is Millen. Online falling/rising?
As of 13-Nov, Millennium Online Solutions (India) Ltd's stock price is Rs 1.75, down 6.42%, and has fallen 7.41% over the last two days. It is underperforming compared to the Sensex, with a year-to-date decline of 32.43% against the index's gain of 8.11%.
As of 13-Nov, Millennium Online Solutions (India) Ltd is experiencing a decline in its stock price, currently at Rs 1.75, which represents a decrease of Rs 0.12 or 6.42%. The stock has been underperforming significantly, with a consecutive fall over the last two days resulting in a total decline of 7.41%. Additionally, it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock is also close to its 52-week low, being only 2.86% away from Rs 1.7. Furthermore, the delivery volume has dropped by 53.1% compared to the 5-day average, indicating a decrease in investor participation.In the broader market context, the stock's performance over the past week shows a decline of 5.91%, while the benchmark Sensex has increased by 1.40%. Over the past month, the stock has fallen by 1.69%, contrasting with a 2.61% rise in the Sensex. Year-to-date, Millennium Online has seen a significant drop of 32.43%, while the Sensex has gained 8.11%. This stark difference highlights the stock's struggles relative to the broader market, contributing to its downward trend.
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