Landmarc Leisure Corporation Faces Intense Selling Pressure Amid Consecutive Losses

Landmarc Leisure Corporation Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past five days, resulting in a substantial decline of 22.11%. In contrast, the benchmark Sensex has shown minimal movement, with a slight decrease of just 0.03% during the same period.
On a daily basis, Landmarc Leisure Corporation's stock has dropped by 4.98%, underperforming its sector by 5%. Despite a strong performance over the past month, where the stock gained 25.14%, the recent trend indicates a shift in market sentiment. The stock's year-to-date performance stands at -3.78%, while the Sensex has gained 3.26% in the same timeframe.

The stock's moving averages reveal that it is currently higher than the 20-day, 50-day, 100-day, and 200-day averages, yet lower than the 5-day moving average, suggesting a potential short-term weakness. Factors contributing to the selling pressure may include market volatility and investor sentiment shifts, impacting the microcap non-banking financial company.