Why is Modern Threads falling/rising?
As of 20-Jun, Modern Threads (I) Ltd's stock price is declining at 48.48, down 5.0%, and significantly underperforming its sector. The stock shows bearish trends with low trading activity and a year-to-date decline of 3.81%, indicating a lack of investor confidence.
As of 20-Jun, Modern Threads (I) Ltd is experiencing a decline in its stock price, currently at 48.48, which reflects a decrease of 2.55 or 5.0%. The stock has underperformed significantly today, with a performance that is 100.38% lower than its sector. Additionally, the stock has not traded on two days out of the last twenty, indicating erratic trading behavior. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Furthermore, there has been a notable decrease in investor participation, with delivery volume dropping by 15.08% compared to the 5-day average. The stock's year-to-date performance shows a decline of 3.81%, and over the past year, it has fallen by 19.89%, while the benchmark Sensex has risen by 5.46% during the same period.In the broader market context, Modern Threads' short-term return over the past week is a slight decline of 0.25%, contrasting with the Sensex, which has gained 1.59%. This underperformance relative to the benchmark indicates a lack of investor confidence and a potential disconnect between the company's performance and market trends. The overall liquidity of the stock appears to be adequate for trading, but the significant drop in delivery volume and the consistent underperformance against the sector raise concerns about its future prospects.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
