Why is 3P Land Hold. falling/rising?
As of 24-Sep, 3P Land Holdings Ltd is currently priced at 46.26, reflecting a 1.25% increase, but is down 21.66% year-to-date. Despite recent short-term gains, the stock has underperformed compared to the Sensex over the longer term.
As of 24-Sep, 3P Land Holdings Ltd is experiencing a price increase, currently at 46.26, reflecting a change of 0.57 or 1.25% upward. The stock has outperformed its sector by 1.44% today, although it is currently higher than the 5-day and 20-day moving averages but lower than the 50-day, 100-day, and 200-day moving averages. Despite this positive movement, there has been a decline in investor participation, with delivery volume falling by 12.62% against the 5-day average. Year-to-date, the stock is down 21.66%, but it has shown a strong performance over the past three years with a return of 154.18%.In the broader market context, the stock's short-term return over the past week is +2.23%, contrasting with the Sensex, which has decreased by 1.18%. This indicates that 3P Land Holdings Ltd is performing well relative to the benchmark in the short term. However, the stock's year-to-date performance remains significantly lower than the Sensex's gain of 4.58%, suggesting that while there may be short-term gains, the stock has struggled overall in the longer term.
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