Landmark Cars Hits All-Time Low Amidst Ongoing Financial Struggles and Market Volatility

Landmark Cars, a small-cap player in the auto ancillary industry, has experienced significant volatility, hitting an all-time low of Rs. 369.55 today. The stock has underperformed its sector, declining by 2.96% and marking a four-day losing streak with a total drop of 9.09% during this period. Opening with a gap down of 3.54%, it reached an intraday low of Rs. 369.55, reflecting a 4.19% decrease.
In terms of performance metrics, Landmark Cars has shown a stark contrast to the broader market. Over the past month, the stock has fallen by 17.87%, while the Sensex has gained 5.78%. Year-to-date, it has plummeted by 41.32%, compared to a modest decline of 0.91% for the Sensex. The company's long-term fundamentals appear weak, with a -17.27% CAGR growth in operating profits over the last five years and a high debt-to-EBITDA ratio of 2.71 times, indicating challenges in servicing debt.

Despite high institutional holdings at 24.51%, which typically suggest a more robust analysis of fundamentals, Landmark Cars has struggled with profitability, evidenced by a return on equity of just 6.56%. The stock's technical indicators also reflect a bearish trend, further complicating its market position.