Recent Price Movement and Market Context
Manomay Tex India Ltd opened the trading session with a gap down of 3.24%, signalling early bearish sentiment among investors. The stock continued to slide throughout the day, hitting an intraday low of Rs 241.55, marking a 5.0% decline from the previous close. This underperformance is particularly significant when compared to the sector, as the stock lagged behind by 3.62% on the day.
Despite this short-term weakness, the stock has demonstrated robust returns over longer periods. Over the past week, it has outperformed the Sensex by delivering a 4.45% gain against the benchmark's 0.65%. The one-month return is even more impressive at 15.49%, substantially higher than the Sensex's 1.43%. Over one year, Manomay Tex India Ltd has ...
Read More













