Landmark Cars Hits 52-Week Low, Underperforms Sector with 3rd Consecutive Day of Losses

Landmark Cars, a smallcap company in the auto ancillary industry, has recently hit a 52-week low on August 6th, 2024. The stock has been underperforming the sector, with a -2% difference in performance today. This marks the third consecutive day of losses for the company, with a decline of -4.81% in the past three days.

Today, the stock touched an intraday low of Rs. 601, which is -2.91% lower than the previous day's closing price. Landmark Cars is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its stock price.

In the past year, Landmark Cars has seen a decline of -15.81% in its stock price, while the Sensex has shown a positive performance of 19.59%. This suggests that the company has not been able to keep up with the overall market trend.

MarketsMOJO has given a 'Strong Sell' call for Landmark Cars, indicating a negative outlook for the stock. Investors should keep a close eye on the company's performance and market trends before making any investment decisions.