Why is Morarjee Text. falling/rising?

Sep 22 2025 10:50 PM IST
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As of 22-Sep, Morarjee Textiles Ltd is priced at 9.79 with no change, showing positive short-term indicators but a year-to-date decline of 7.38%. While it has outperformed its sector recently, its longer-term performance remains weak compared to the Sensex.
As of 22-Sep, Morarjee Textiles Ltd is currently priced at 9.79, showing no change (0.00%). The stock has outperformed its sector by 0.71% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 377.05% compared to the 5-day average. However, the stock has experienced a year-to-date decline of 7.38% and a 1-year decline of 25.04%, suggesting that while there are positive short-term indicators, the longer-term performance remains weak. There is no information available regarding positive or negative factors that could further clarify the stock's movement.

In the broader market context, Morarjee Textiles has shown a 1-week return of +3.60%, which is significantly higher than the Sensex's return of +0.46% over the same period. This indicates that the stock is performing well relative to the benchmark in the short term. However, the year-to-date performance of Morarjee Textiles is notably worse than the Sensex, which has gained 5.15% during the same timeframe. This contrast highlights that while the stock may be experiencing a short-term rally, it still faces challenges in the broader market compared to its benchmark.
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