Why is Lak. Prec. Screw falling/rising?
As of 16-Oct, Lakshmi Precision Screws Ltd's stock price is declining at 5.44, down 1.98%, with significant underperformance compared to its sector and the Sensex. The stock has shown erratic trading patterns and a drastic drop in delivery volume, indicating reduced investor interest.
As of 16-Oct, Lakshmi Precision Screws Ltd is experiencing a decline in its stock price, currently at 5.44, which reflects a decrease of 0.11 or 1.98%. The stock has underperformed its sector by 4.32% today, and it has shown erratic trading patterns, not trading on 2 out of the last 20 days. Additionally, the delivery volume has significantly dropped by 98.26% compared to the 5-day average, indicating falling investor participation. The stock's performance over the past week shows a decline of 2.16%, while it has underperformed the benchmark Sensex, which has gained 1.60% during the same period.In the broader market context, the Sensex has shown a positive return of 1.37% over the past month and an 8.21% increase year-to-date, contrasting sharply with Lakshmi Precision Screws Ltd's recent performance. The stock's longer-term performance is also concerning, with a 3-year return of -9.33% compared to the Sensex's impressive 48.88% gain. This disparity highlights the stock's struggle to attract investor interest and maintain liquidity, further contributing to its current downward price movement.
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