Why is My Mudra Fin. falling/rising?

Jul 30 2025 11:26 PM IST
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As of 30-Jul, My Mudra Fincorp Ltd is priced at 72.45, up 1.33%, but has declined 8.06% over the past week and 9.21% over the past month, indicating a bearish trend. The stock underperforms compared to the Sensex, which has only declined 1.45% weekly and gained 5.12% year-to-date.
As of 30-Jul, My Mudra Fincorp Ltd is currently priced at 72.45, reflecting an increase of 0.95 or 1.33%. Despite this uptick, the stock has shown a negative performance over the past week and month, with declines of 8.06% and 9.21%, respectively. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 11.97% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.

In the broader market context, My Mudra Fincorp's performance has been underwhelming compared to the benchmark Sensex, which has seen a decline of only 1.45% over the past week and 2.59% over the past month. Year-to-date, while the Sensex has gained 5.12%, My Mudra Fincorp has declined by 9.44%, highlighting a significant underperformance relative to the market. This disparity suggests that while the stock has experienced a slight rise today, its overall trend remains negative in the short term compared to the broader market.
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