Why is My Mudra Fin. falling/rising?

Aug 29 2025 11:12 PM IST
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As of 29-Aug, My Mudra Fincorp Ltd's stock price is at 68.30, reflecting a 0.44% increase, but it remains below several key moving averages and has seen a significant drop in investor participation. Despite outperforming the sector recently, the stock has a year-to-date decline of 14.63%, contrasting with the Sensex's 3.31% gain.
As of 29-Aug, My Mudra Fincorp Ltd is experiencing a slight increase in its stock price, currently at 68.30, with a change of 0.3, representing a 0.44% rise. Today's price summary indicates that the stock has outperformed its sector by 1.47%. However, it is important to note that while the stock is currently above its 5-day moving average, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 80.77% compared to the 5-day average. The stock has shown a year-to-date decline of 14.63%, despite a slight positive movement in the last week.

In the broader market context, the stock's recent performance contrasts with the benchmark, as it has gained 0.44% over the past week while the Sensex has fallen by 1.78%. This indicates that My Mudra Fincorp Ltd is performing better than the overall market in the short term. However, the stock's year-to-date performance is notably poor compared to the Sensex, which has increased by 3.31% during the same period. The lack of available positive or negative factors further complicates the analysis of the stock's movement, leaving a gap in understanding the underlying reasons for its recent price changes.
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