Landmarc Leisure Corporation Ltd Faces Significant Selling Pressure with 15.59% Loss Over Nine Days
Landmarc Leisure Corporation Ltd is experiencing notable selling pressure, with a nine-day decline resulting in a 15.59% loss. The stock underperformed against the Sensex today and has faced challenges in the finance/NBFC sector. Despite strong long-term gains, recent trends suggest a shift in market sentiment.
Landmarc Leisure Corporation Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a consecutive decline over the past nine days, resulting in a total loss of 15.59%. In today's trading, Landmarc Leisure Corporation's stock fell by 1.88%, underperforming the Sensex, which decreased by only 0.33%.Over the past week, the stock has declined by 7.10%, while the Sensex has seen a marginal drop of 0.24%. Despite a strong performance in the longer term, with a 30.29% increase over the last three months and a remarkable 748.65% rise over the past five years, the recent trend indicates a shift in market sentiment.
The finance/NBFC sector has also faced challenges, with a decline of 2.45%, potentially contributing to the selling pressure on Landmarc Leisure Corporation. The stock's current price is above its 50-day, 100-day, and 200-day moving averages, but below its 5-day and 20-day moving averages, indicating a short-term weakness in momentum.
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