Why is Golden Legand Ls falling/rising?
As of 13-Jun, Golden Legand Leasing & Finance Ltd's stock price is at 8.15, up 8.09%, showing a positive trend despite a decline in investor participation. While it has outperformed its sector recently, the drop in delivery volume raises concerns about future price stability.
As of 13-Jun, Golden Legand Leasing & Finance Ltd's stock price is currently at 8.15, reflecting an increase of 0.61 or 8.09%. The stock has shown a positive trend today, outperforming its sector by 8.61% and reversing a decline after two consecutive days of falling prices. In the past week and month, the stock has gained 1.88%, while the benchmark Sensex has decreased by 1.30% and remained nearly flat at -0.04%, respectively. However, there has been a notable decline in investor participation, with delivery volume dropping by 47.97% compared to the five-day average, indicating a potential concern for sustained momentum. The stock is currently trading above its 5-day, 20-day, and 50-day moving averages, but below its 100-day and 200-day moving averages, suggesting mixed signals regarding its longer-term trend.Broader market context shows that while Golden Legand Leasing & Finance Ltd has performed well in the short term, the overall market sentiment reflected by the Sensex has been negative, with a decline over the same periods. This divergence indicates that the stock's rise may be driven by company-specific factors rather than broader market trends. The stock's liquidity appears adequate for trading, as it is based on 2% of the five-day average traded value, which supports its current trading activity despite the drop in delivery volume. Overall, the stock's recent performance suggests a recovery phase, but the falling investor participation could pose challenges for future price stability.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
