Why is Mishka Exim falling/rising?
As of 17-Nov, Mishka Exim Ltd's stock price is at 43.02, down 4.14% and significantly underperforming compared to the market, with an 18.52% year-to-date decline. The stock has seen a sharp drop in trading volume and has lost 31.17% over the past year, contrasting with the Sensex's 9.50% increase.
As of 17-Nov, Mishka Exim Ltd's stock price is currently at 43.02, reflecting a decline of 1.86, or 4.14%. The stock has been underperforming, having lost 7.72% over the last two days and showing a performance today that is 4.55% lower than its sector. The stock reached an intraday high of Rs 46.5 but also touched a low of Rs 43. The trading volume indicates a significant drop in investor participation, with delivery volume falling by 74.51% compared to the 5-day average. Over the past week, the stock has decreased by 8.16%, while its year-to-date performance shows a decline of 18.52%, indicating a challenging period for the company.Broader Market Context: In contrast, the benchmark Sensex has gained 1.69% over the past week and 8.72% year-to-date, highlighting a stark difference in performance between Mishka Exim and the broader market. While the stock has shown some recovery over the past month with a 17.41% increase, its longer-term performance remains concerning, with a 31.17% decline over the past year compared to the Sensex's 9.50% increase. This disparity suggests that Mishka Exim is struggling to keep pace with market trends, contributing to its recent price decline.
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