Why is Mukta Agricultur falling/rising?
As of 25-Sep, Mukta Agriculture Ltd's stock price is Rs. 2.70, down 6.9% and at a new 52-week low, underperforming its sector and the Sensex significantly. The stock is trading below all key moving averages, with a notable drop in investor participation.
As of 25-Sep, Mukta Agriculture Ltd's stock price is currently at Rs. 2.70, reflecting a decrease of Rs. 0.2, or 6.9%. The stock has hit a new 52-week low today and has underperformed its sector by 6.92%. Additionally, the stock has experienced a trend reversal, falling after two consecutive days of gains. It is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Furthermore, there has been a significant drop in investor participation, with delivery volume falling by 66.79% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.In the broader market context, Mukta Agriculture Ltd has underperformed compared to the Sensex, with a 1-week return of -7.85% against the benchmark's -2.23%. Over the past month, the stock has declined by 22.86%, while the Sensex has only decreased by 0.58%. Year-to-date, Mukta Agriculture Ltd has seen a substantial decline of 40.00%, contrasting sharply with the Sensex's gain of 3.87%. This significant underperformance relative to the benchmark indicates a challenging environment for the stock, contributing to its current price decline.
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