Why is Golden Legand Ls falling/rising?
As of 30-Oct, Golden Legand Leasing & Finance Ltd is experiencing a price increase to 12.15, with a 3.93% gain today, but a significant drop in delivery volume raises concerns about investor participation. Despite recent short-term gains, the stock's longer-term performance is lagging behind the benchmark, indicating potential sustainability issues.
As of 30-Oct, Golden Legand Leasing & Finance Ltd is experiencing a price increase, with its current price at 12.15, reflecting a change of 0.46 or 3.93% upward. The stock has outperformed its sector by 4.45% today and has shown a consecutive gain over the last two days, accumulating a total return of 7.81% during this period. However, it is important to note that the stock's delivery volume has significantly decreased by 65.53% compared to the 5-day average, indicating a potential decline in investor participation. The stock's performance over the past week shows an impressive return of 8.68%, contrasting with a slight decline of 0.18% in the Sensex.In the broader market context, while Golden Legand's short-term performance has been strong, its one-month return is down by 8.58%, while the Sensex has gained 5.15% during the same period. This suggests that despite the recent positive momentum, the stock has struggled in the longer term compared to the benchmark. The stock is currently trading above its 5-day and 100-day moving averages, but below its 20-day, 50-day, and 200-day moving averages, indicating mixed signals regarding its trend strength. Overall, the recent price rise can be attributed to short-term gains, but the decline in investor participation and longer-term performance relative to the benchmark raises concerns about sustainability.
{{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
