Why is Mishka Exim falling/rising?

Jun 11 2025 09:20 PM IST
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As of 11-Jun, Mishka Exim Ltd's stock price is Rs 29.00, up 5.96% today, but it has declined 45.08% year-to-date. Despite a strong short-term performance, the stock faces long-term pressure and reduced investor participation.
As of 11-Jun, Mishka Exim Ltd's stock price is currently at Rs 29.00, reflecting an increase of Rs 1.63, or 5.96%. The stock has shown strong performance today, having opened with a gain of 9.61% and reached an intraday high of Rs 30. Despite this positive movement, the stock has experienced a significant decline year-to-date, down 45.08%, and over the past year, it has decreased by 23.20%. Additionally, the stock has been highly volatile today, with an intraday volatility of 5.26%. However, there has been a notable drop in investor participation, with delivery volume falling by 38.9% compared to the 5-day average, indicating a potential concern for sustained upward momentum.

In the broader market context, Mishka Exim's short-term return of 14.40% over the past week significantly outperformed the Sensex, which only increased by 1.87% during the same period. This suggests that while the stock is experiencing a positive short-term rally, it remains under pressure in the longer term, as evidenced by its substantial year-to-date decline compared to the Sensex's 5.60% increase. The stock's performance today, while strong, may not be enough to counteract the broader negative trends observed over the past year and beyond.
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