Why is My Mudra Fin. falling/rising?

Jun 13 2025 11:03 PM IST
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As of 13-Jun, My Mudra Fincorp Ltd's stock price is at 82.05, down 7.76%, and has underperformed its sector. Despite recent positive returns over the past week and month, the stock is below its moving averages and lags behind the benchmark Sensex.
As of 13-Jun, My Mudra Fincorp Ltd's stock price is currently at 82.05, reflecting a decrease of 6.9, or 7.76%. Today's performance indicates that the stock has underperformed its sector by 7.24%. Despite this decline, the stock has shown positive returns over the past week and month, with increases of 1.86% and 15.56%, respectively. Additionally, the stock's delivery volume on June 12 has surged by 681.25% compared to the 5-day average, suggesting rising investor participation. However, it is noteworthy that the stock is currently lower than its 5-day, 20-day, and 200-day moving averages, which may indicate a short-term weakness in price momentum. There is no information available regarding positive or negative factors impacting the stock.

Broader market context reveals that while My Mudra Fincorp Ltd has experienced a positive return over the past week and month, it has still underperformed relative to the benchmark Sensex, which has declined by 1.14% over the past week and increased by 0.57% over the past month. Year-to-date, the stock has gained 2.56%, which is lower than the Sensex's 4.54% gain. This suggests that while the stock has had some recent positive performance, it is not keeping pace with broader market trends, contributing to its current price decline.
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