Why is Moneyboxx Fin. falling/rising?
As of 24-Oct, Moneyboxx Finance Ltd's stock price is declining at 157.20, down 2.51%, with a total drop of 4.23% over the last two days. The stock has underperformed significantly compared to the broader market, with a year-to-date decline of 34.64% and a notable decrease in investor participation.
As of 24-Oct, Moneyboxx Finance Ltd is experiencing a decline in its stock price, currently at 157.20, which represents a decrease of 4.05 or 2.51%. The stock has underperformed its sector by 2.23% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 4.23% during this period. Although the stock opened with a gain of 7.29% today and reached an intraday high of Rs 173, it also faced significant volatility, trading within a wide range of Rs 18 and hitting a low of Rs 155. The stock's performance over the past week shows a decline of 7.15%, and year-to-date, it has fallen by 34.64%, indicating a challenging period for the company.In the broader market context, the Sensex has shown a slight increase of 0.31% over the past week, contrasting with Moneyboxx's significant decline. This underperformance is further highlighted by the stock's year-to-date return of -34.64% compared to the Sensex's positive return of 7.77%. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 75.31% against the five-day average, which may indicate waning interest in the stock. The stock's liquidity remains adequate for trading, but the overall negative sentiment and falling investor engagement contribute to its current downward trajectory.
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