Why is My Mudra Fin. falling/rising?
As of 11-Sep, My Mudra Fincorp Ltd's stock price has risen to 91.00, reflecting a 4.9% increase, with strong recent performance compared to the Sensex. However, a significant drop in investor participation raises concerns about the sustainability of this price increase.
As of 11-Sep, My Mudra Fincorp Ltd is experiencing a rise in its stock price, currently at 91.00, reflecting an increase of 4.25 or 4.9%. The stock has shown strong performance recently, with a 19.50% increase over the past week and a 26.56% increase over the past month, significantly outperforming the Sensex, which has only risen by 1.10% and 1.71% in the same periods, respectively. Additionally, My Mudra Fincorp is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 77.94% compared to the 5-day average, which may raise concerns about the sustainability of this price increase.In the broader market context, My Mudra Fincorp's recent performance stands in stark contrast to the benchmark Sensex, which has shown modest gains. The stock's year-to-date return of 13.75% also lags behind the Sensex's 5.75% increase, suggesting that while the stock is currently rising, it has not consistently outperformed the market over a longer period. The liquidity of the stock remains adequate for trading, as it is based on 2% of the 5-day average traded value, allowing for trades of Rs 0.01 crore. Overall, while the stock is currently on an upward trajectory, the significant drop in delivery volume may indicate potential volatility ahead.
{{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
Most Read
