Why is My Mudra Fin. falling/rising?

Jul 18 2025 11:05 PM IST
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As of 18-Jul, My Mudra Fincorp Ltd's stock price is at 88.30, down 0.79%, despite strong weekly and monthly returns of 10.37% and 9.01%. The stock remains above key moving averages, indicating a positive trend, but recent underperformance relative to its sector may have impacted investor sentiment.
As of 18-Jul, My Mudra Fincorp Ltd is experiencing a decline in its stock price, currently at 88.30, which represents a decrease of 0.7 or 0.79%. Despite this recent drop, the stock has shown strong performance over the past week and month, with returns of 10.37% and 9.01%, respectively. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. There has also been a rise in investor participation, with delivery volume increasing by 3.13% compared to the 5-day average. However, the stock underperformed its sector by 0.5% today, which may have contributed to the current price decline. There is no available information on positive or negative factors that could further explain the stock's movement.

In the broader market context, My Mudra Fincorp Ltd's short-term performance has outpaced the benchmark Sensex, which has seen a decline of 0.72% over the past week. While the stock's year-to-date return of 10.37% is significantly higher than the Sensex's 5.60%, the recent underperformance relative to its sector may have influenced investor sentiment negatively. Overall, while the stock has shown strong returns in the longer term, the current price movement reflects a temporary setback amidst a generally positive performance trajectory.
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