Why is Ladderup Finance falling/rising?
As of 19-Nov, Ladderup Finance Ltd's stock price is Rs 61.15, down 2.95%, with a significant decline of 10.72% over the past week and 15.07% year-to-date. The stock has underperformed its sector and the broader market recently, despite a strong long-term performance.
As of 19-Nov, Ladderup Finance Ltd is experiencing a decline in its stock price, currently at Rs 61.15, which reflects a decrease of Rs 1.86 or 2.95%. The stock has underperformed its sector by 2.78% today, opening with a loss of 3.89% and reaching an intraday low of Rs 59.15, which is a drop of 6.13%. Over the past week, the stock has seen a significant decline of 10.72%, while its year-to-date performance shows a decrease of 15.07%. Additionally, the delivery volume has fallen by 39.74% compared to the 5-day average, indicating a drop in investor participation. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.Broader market context shows that while Ladderup Finance has struggled in the short term, the benchmark Sensex has gained 0.85% over the past week. This stark contrast highlights the stock's underperformance relative to the broader market. In the longer term, however, the stock has outperformed the benchmark over three years with a return of 208.06% compared to the Sensex's 38.15%. Despite this historical performance, the current trends suggest a challenging environment for Ladderup Finance, particularly in the short term.
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