Why is MSR India falling/rising?
As of 18-Aug, MSR India Ltd's stock price is Rs 2.85, down 3.72% and has declined 14.16% over the last seven days. The stock is underperforming its sector and the broader market, trading below all moving averages and close to its 52-week low.
As of 18-Aug, MSR India Ltd's stock price is currently at Rs 2.85, reflecting a decrease of Rs 0.11, or 3.72%. The stock has been on a downward trend, having fallen consecutively for the last seven days, resulting in a total decline of 14.16% during this period. Additionally, the stock is trading below all its moving averages, indicating a bearish sentiment. Over the past week, MSR India has underperformed its sector by 5.57%, and its year-to-date performance shows a staggering decline of 57.59%. The stock is also close to its 52-week low, being only 4.91% above the low of Rs 2.71.In the broader market context, the Sensex has shown a positive return of 0.83% over the past week, contrasting sharply with MSR India's decline of 9.24% during the same period. This significant underperformance highlights the stock's struggles relative to the overall market. Despite a notable increase in investor participation, with delivery volume rising by 200.56% against the five-day average, the stock's liquidity remains adequate for trading. However, without any positive factors reported, the ongoing negative sentiment surrounding MSR India appears to be driving its price down further.
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