Why is My Mudra Fin. falling/rising?
As of 09-Sep, My Mudra Fincorp Ltd's stock price is at 91.35, down 1.19%, despite strong past performance with returns of over 30% in the last month. The stock remains above key moving averages and has seen increased investor participation, but it underperformed its sector today, suggesting a potential correction after rapid growth.
As of 09-Sep, My Mudra Fincorp Ltd is experiencing a decline in its stock price, currently at 91.35, which reflects a decrease of 1.1 or 1.19%. Despite this drop, the stock has shown strong performance in the past week and month, with returns of +30.50% and +30.59%, 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. Notably, there has been a significant increase in investor participation, with delivery volume rising by 107.79% compared to the 5-day average. However, the stock underperformed its sector by 1.74% today, which may have contributed to the current price decline.In the broader market context, while My Mudra Fincorp Ltd has outperformed the Sensex significantly over the past week and month, it is important to note that the Sensex itself has only increased by 1.18% and 2.07%, respectively. This suggests that while My Mudra has shown exceptional short-term gains, the recent price drop could be a correction after a period of rapid growth. The lack of available positive or negative dashboard data means we cannot assess any specific external factors influencing the stock's movement today. Overall, the stock's recent performance reflects a complex interplay of strong past returns and current market dynamics.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
