Why is Mohini Health falling/rising?
As of 19-Sep, Mohini Health & Hygiene Ltd's stock price is declining at 53.00, down 1.3%, and underperforming its sector. Despite a positive year-to-date return of 3.01%, recent trends indicate significant short-term struggles, including a 41.18% drop in investor participation.
As of 19-Sep, Mohini Health & Hygiene Ltd is experiencing a decline in its stock price, currently at 53.00, reflecting a decrease of 0.7 or 1.3%. The stock has underperformed its sector today by 0.91%, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 41.18% compared to the 5-day average. Over the past week, the stock has decreased by 0.19%, and over the past month, it has seen a decline of 6.19%. Year-to-date, however, it has a positive return of 3.01%, but over the past year, it has dropped by 11.96%.In the broader market context, the Sensex has shown a positive return of 0.85% over the past week and 1.39% over the past month, indicating that the overall market is performing better than Mohini Health. Year-to-date, the Sensex has increased by 7.11%, further highlighting the underperformance of Mohini Health relative to the benchmark. While the stock has shown strong growth over the longer term, with a 210.85% increase over the past five years compared to the Sensex's 120.14%, the recent trends suggest a struggle to maintain momentum in the short term.
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