Lancor Holdings Hits 52-Week Low Amid Broader Real Estate Sector Decline

Jan 13 2025 12:05 PM IST
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Lancor Holdings, a microcap in the construction and real estate sector, has hit a new 52-week low, with its stock price declining significantly over the past four days. The company has experienced a notable one-year decline, contrasting with the overall market performance of the Sensex.
Lancor Holdings, a microcap player in the construction and real estate sector, has reached a new 52-week low, with its stock price falling to Rs. 31 on January 13, 2025. This decline is part of a broader trend, as the stock has seen a consecutive drop over the past four days, totaling a decrease of 13.29%.

In terms of overall performance, Lancor Holdings has struggled significantly, with a one-year decline of 24.02%, contrasting sharply with the Sensex, which has gained 5.80% during the same period. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further indicating a bearish trend. The construction and real estate sector is also facing headwinds, with a reported decline of 3.2%, reflecting the challenging market conditions impacting Lancor Holdings.
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