Why is Lak. Prec. Screw falling/rising?
As of 04-Aug, Lakshmi Precision Screws Ltd is priced at 5.91, up 1.2%, but has significantly underperformed its sector with a 99.01% decline today. Despite recent short-term gains, the stock's long-term performance remains weak, trading below all key moving averages.
As of 04-Aug, Lakshmi Precision Screws Ltd is currently priced at 5.91, reflecting an increase of 0.07 or 1.2%. Despite this uptick, the stock has underperformed its sector significantly, with a performance today that is down by 99.01%. The stock has shown erratic trading patterns, not trading on one day out of the last twenty. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a notable increase in investor participation, with delivery volume rising by 271.92% against the 5-day average. Over the past week, the stock has performed well, gaining 15.20%, while its one-month return stands at 19.39%. Year-to-date, the stock is down 2.64%, and over the past year, it has decreased by 3.59%.In the broader market context, the Sensex has only increased by 0.16% over the past week, indicating that the stock's short-term performance is significantly better than the benchmark. However, over the last month, while the stock has risen by 19.39%, the Sensex has declined by 2.89%, showcasing a strong relative performance. Despite these positive short-term returns, the stock's longer-term performance remains concerning, with declines over the year and three years compared to the benchmark. The lack of available positive or negative dashboard data limits the understanding of specific factors influencing the stock's recent movements.
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