Why is MPL Plastics falling/rising?
As of 23-Oct, MPL Plastics Ltd's stock price is 9.62, unchanged, with recent positive short-term performance but significant year-to-date and annual declines of -21.60% and -26.00%, respectively. Despite outperforming its sector recently, it lags behind the benchmark Sensex, which is up +8.21% year-to-date, indicating ongoing challenges in the broader market.
As of 23-Oct, MPL Plastics Ltd's stock price is currently at 9.62, showing no change (0.00%). The stock has outperformed its sector by 0.76% today, and its performance over the past week and month has been positive, with returns of +2.01% and +5.71%, respectively. However, the stock has experienced a significant decline year-to-date at -21.60% and over the past year at -26.00%. Despite being higher than the 5-day, 20-day, 50-day, and 100-day moving averages, it remains below the 200-day moving average. Additionally, there has been a decrease in investor participation, with delivery volume falling by -7.12% against the 5-day average, indicating a potential concern for liquidity, although it remains liquid enough for trading.Broader Market Context: In comparison to the benchmark Sensex, which has returned +1.30% over the past week and +2.99% over the past month, MPL Plastics has shown stronger short-term performance. However, the stark contrast in year-to-date performance, with the Sensex up +8.21%, highlights the challenges faced by MPL Plastics in the broader market environment. The overall market context suggests that while MPL Plastics has had some recent positive movements, its long-term performance remains under pressure compared to the benchmark, reflecting broader market trends and investor sentiment.
{{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
