Why is Stanrose Mafat. falling/rising?
As of 24-Sep, Stanrose Mafatlal Investment & Finance Ltd is facing a decline in stock price, currently at 69.00, down 0.61%, and has underperformed over the last five days with a total decline of 3.99%. The stock is trading below all key moving averages, indicating a bearish trend and decreased investor interest, as reflected by a 99.82% drop in delivery volume compared to the 5-day average.
As of 24-Sep, Stanrose Mafatlal Investment & Finance Ltd is experiencing a decline in its stock price, currently at 69.00, which represents a decrease of 0.42 or 0.61%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 3.99% over that period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Investor participation has also significantly decreased, with delivery volume dropping by 99.82% compared to the 5-day average, suggesting a lack of interest among investors. There is no information available regarding positive or negative factors affecting the stock.Broader Market Context: In comparison to the benchmark, the Sensex has only declined by 1.18% over the past week, while Stanrose Mafatlal's performance has been notably worse. Over the last month, the stock has shown a modest gain of 1.38%, contrasting with the Sensex's increase of 0.50%. However, year-to-date, the stock has significantly underperformed, with a decline of 14.29% compared to the Sensex's gain of 4.58%. This broader market context highlights the stock's struggles relative to the overall market performance.
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