Why is Morarjee Text. falling/rising?

Sep 18 2025 10:49 PM IST
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As of 18-Sep, Morarjee Textiles Ltd is priced at 9.47, reflecting a recent upward trend with a 2.38% return over the last two days and outperforming its sector. Despite this positive momentum, the stock is down 10.41% year-to-date, contrasting with the Sensex's gain of 6.24%.
As of 18-Sep, Morarjee Textiles Ltd is currently priced at 9.47, reflecting an increase of 0.12 or 1.28%. The stock has shown positive momentum, having gained for the last two days with a total return of 2.38% during this period. Additionally, it has outperformed its sector by 1.08%. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 14.24% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.

In the broader market context, Morarjee Textiles has outperformed the Sensex in the short term, with a weekly return of 8.23% compared to the benchmark's 1.80%. Over the past month, the stock has also shown a significant return of 19.87%, while the Sensex has only increased by 2.14%. However, it is important to note that year-to-date, the stock is down 10.41%, contrasting with the Sensex's gain of 6.24%. This indicates that while the stock is currently experiencing a positive trend, it has faced considerable challenges over a longer time frame.
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