Why is Morarjee Text. falling/rising?
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.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
