Why is Stanrose Mafat. falling/rising?
As of 28-Oct, Stanrose Mafatlal Investment & Finance Ltd is currently priced at 73.00, reflecting a recent upward trend with a 5.32% total return over the last two days. Despite short-term gains, the stock has a year-to-date decline of 9.32%, indicating it has underperformed compared to the broader market.
As of 28-Oct, Stanrose Mafatlal Investment & Finance Ltd is experiencing a price increase, with its current price at 73.00, reflecting a change of 0.64 (0.88%) upward. The stock has shown positive momentum, gaining for the last two days and achieving a total return of 5.32% during this period. Additionally, it has outperformed its sector by 1.14%. In the past week, the stock has risen by 1.86%, and over the last month, it has increased by 6.34%. However, it is important to note that the stock has underperformed on a year-to-date basis, with a decline of 9.32%. The delivery volume on 27 October has significantly increased by 256.59% compared to the 5-day average, indicating rising investor participation, which may contribute positively to the stock's recent upward movement. There is no information available regarding positive or negative factors that could influence the stock's performance.Broader Market Context: In comparison to the benchmark, the Sensex has shown a modest increase of 0.24% over the past week, while Stanrose Mafatlal has outperformed this with a gain of 1.86%. Over the past month, the stock's return of 6.34% also surpasses the Sensex's 5.22% increase. Despite these short-term gains, the stock has struggled over longer periods, with a year-to-date decline of 9.32% compared to the Sensex's rise of 8.30%. This context suggests that while the stock is currently experiencing positive momentum, it has significant ground to recover in the longer term relative to the broader market.
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