Why is Milton Industri. falling/rising?
As of 09-Sep, Milton Industries Ltd is priced at 27.50 with no change, reflecting a 0.00% movement. The stock has underperformed significantly, declining 4.84% over the past month while the Sensex has gained, and it is trading below all key moving averages, indicating a bearish trend.
As of 09-Sep, Milton Industries Ltd is currently priced at 27.50, with no change in price, reflecting a 0.00% movement. The stock has underperformed in the short term, with a 4.84% decline over the past week and month, while the benchmark Sensex has increased by 1.18% and 2.07%, respectively. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Investor participation has also decreased, as evidenced by a 16.67% drop in delivery volume compared to the 5-day average. There are no positive or negative factors available to provide further context on the stock's recent movement.Broader Market Context: In the broader market, the Sensex has shown resilience with a positive return of 1.18% over the past week, contrasting sharply with Milton Industries' decline of 4.84%. This disparity highlights the stock's struggle to keep pace with the market, particularly in the short term. Year-to-date, Milton Industries has experienced a significant drop of 35.82%, while the Sensex has gained 5.18%, further emphasizing the stock's underperformance relative to the benchmark.
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