Why is My Mudra Fin. falling/rising?

Sep 18 2025 11:52 PM IST
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As of 18-Sep, My Mudra Fincorp Ltd's stock price is 101.65, down 4.69%. Despite strong past performance, recent declines in price and investor participation may indicate a correction or profit-taking.
As of 18-Sep, My Mudra Fincorp Ltd's stock price is currently at 101.65, reflecting a decrease of 5.0, or 4.69%. The stock has shown strong performance over the past week and month, with returns of 11.70% and 39.92% respectively, although it has underperformed today by 5.02% against its sector. The stock is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, but below its 5-day moving average. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 79.38% compared to the 5-day average, indicating reduced interest from investors.

Broader Market Context: In the context of the broader market, My Mudra Fincorp Ltd has outperformed the Sensex over the past week and month, with respective returns of 11.70% and 39.92% compared to the Sensex's 1.67% and 2.20%. However, the stock's year-to-date performance of 27.06% is still notable against the Sensex's 7.52%. Despite these positive trends, the recent decline in price and investor participation may suggest a correction or profit-taking after a strong rally, which could be impacting the stock's current movement.
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