Why is Stanrose Mafat. falling/rising?
As of 29-Oct, Stanrose Mafatlal Investment & Finance Ltd's stock price is declining at Rs 68.17, down 6.39%, and has underperformed its sector significantly. Despite a 102% increase in delivery volume, the stock shows negative returns over various periods, contrasting with the overall market's upward trend.
As of 29-Oct, Stanrose Mafatlal Investment & Finance Ltd is experiencing a decline in its stock price, currently at Rs 68.17, which represents a decrease of 4.65 (-6.39%). The stock has underperformed its sector by 6.45% today and has fallen after two consecutive days of gains. It reached an intraday low of Rs 68.17, and trading has been predominantly below the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, while there was a notable increase in delivery volume by 102% against the 5-day average, the overall performance over various periods shows significant underperformance, with a year-to-date decline of 15.32% and a one-year decline of 19.79%.In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has gained 0.68% over the past week and 5.76% over the past month. This indicates that while the market is generally trending upward, Stanrose Mafatlal is struggling to keep pace, as evidenced by its negative returns across multiple time frames compared to the benchmark's positive performance. The lack of positive factors in the dashboard further suggests that there are no significant catalysts to support a rebound in the stock's price at this time.
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