Why is Mukta Arts falling/rising?
As of 18-Sep, Mukta Arts Ltd's stock price is at 69.50, down 0.71%, and has underperformed significantly over the past month and year-to-date. Despite a short-term gain relative to the Sensex, the stock has faced a substantial decline in overall performance.
As of 18-Sep, Mukta Arts Ltd's stock price is currently at 69.50, reflecting a decrease of 0.5, or 0.71%. The stock has been underperforming, having fallen for the last two days with a total decline of 0.76%. Additionally, the stock's performance today has underperformed its sector by 0.85%. In terms of returns, the stock has seen a significant decline over the past month, down 11.69%, and a year-to-date drop of 22.73%. The delivery volume has also decreased by 28.03% compared to the five-day average, indicating falling investor participation. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.Broader Market Context: In comparison to the benchmark Sensex, which has increased by 1.80% over the past week, Mukta Arts has outperformed with a gain of 3.65%. However, over the longer term, the stock's performance has been lackluster, with a year-over-year decline of 16.44%, while the Sensex has only marginally increased by 0.08%. This stark contrast highlights the challenges Mukta Arts is facing in the broader market, despite some short-term gains relative to the benchmark.
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