Why is Mukta Agricultur falling/rising?
As of 06-Oct, Mukta Agriculture Ltd's stock price is 2.95, up 2.79% recently, with a notable short-term gain of 10.07% over two days. However, it has a negative year-to-date return of -34.44% and has underperformed against the Sensex over longer periods.
As of 06-Oct, Mukta Agriculture Ltd's stock price is currently at 2.95, reflecting an increase of 0.08 or 2.79%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 10.07% during this period. Additionally, it has outperformed its sector by 3.97%. The stock's delivery volume has significantly increased, rising by 172.97% compared to the 5-day average, indicating rising investor participation. However, despite this recent uptick, the stock has a negative year-to-date return of -34.44% and has underperformed over longer periods, such as a -44.44% return over the last three years. There is no information available regarding positive or negative factors that could further explain the stock's movement.Broader market context shows that Mukta Agriculture's short-term performance is notably stronger than the benchmark, with a 1-week return of +10.90% compared to the Sensex's +1.77%. This indicates that the stock is currently experiencing a favorable momentum relative to the broader market. However, over the longer term, the stock has consistently underperformed against the Sensex, which has gained +4.67% year-to-date. This contrast highlights the stock's volatility and potential challenges in maintaining its recent gains amidst a generally positive market backdrop.
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