Why is Modulex Const. falling/rising?
As of 15-Sep, Modulex Construction Technologies Ltd's stock price is declining at 21.20, down 1.3%, and has underperformed its sector today. Despite a positive return of 3.31% over the past month, it has significantly underperformed year-to-date with a decline of 23.66%.
As of 15-Sep, Modulex Construction Technologies Ltd is experiencing a decline in its stock price, currently at 21.20, which reflects a decrease of 0.28 or 1.3%. The stock has underperformed its sector by 2.46% today, and while it is higher than the 20-day moving average, it is lower than the 5-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 1.99%, contrasting with a 1.24% increase in the Sensex. However, it has shown a positive return of 3.31% over the past month. Notably, there has been a rise in investor participation, with delivery volume increasing by 79.84% against the 5-day average, indicating some interest despite the price decline. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.In the broader market context, Modulex's recent performance has been weaker compared to the benchmark, as evidenced by its 1-week return of -1.99% versus the Sensex's gain of 1.24%. Year-to-date, the stock has significantly underperformed, with a decline of 23.66%, while the Sensex has risen by 4.67%. Despite a strong performance over the longer term, with a 51.32% increase over three years and 182.67% over five years, the recent trends suggest a challenging environment for Modulex Construction Technologies Ltd in the short term.
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