Landmarc Leisure Corporation Hits New 52-Week High Amid Strong Buying Activity

Landmarc Leisure Corporation Ltd is currently witnessing significant buying activity, marking a notable performance in the Non-Banking Financial Company (NBFC) sector. Today, the stock surged by 4.71%, contrasting sharply with the Sensex, which declined by 0.15%. Over the past week, Landmarc has recorded an impressive 26.54% increase, while the Sensex fell by 0.49%. The stock's performance over the last month shows a remarkable 49.16% rise, compared to a 3.14% drop in the Sensex.
Landmarc has been on a strong upward trajectory, with consecutive gains for the last eight days, accumulating a total return of 35.75% during this period. The stock reached a new 52-week high of Rs. 2.67 today, outperforming its sector by 3.08%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust bullish trend.

The buying pressure may be attributed to various factors, including positive market sentiment and strong performance metrics relative to the broader market, as evidenced by its substantial gains compared to the Sensex.