Why is Lakshmi Engg. falling/rising?

Sep 29 2025 09:50 PM IST
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As of 29-Sep, Lakshmi Engineering & Warehousing Ltd is currently priced at 2,480.00, reflecting a 5.71% increase. The stock has shown strong upward momentum, outperforming its sector and the broader market in both short-term and long-term returns.
As of 29-Sep, Lakshmi Engineering & Warehousing Ltd is experiencing a price increase, currently at 2,480.00, reflecting a rise of 134.0 or 5.71%. The stock opened with a gain of 2.3% today and reached an intraday high of Rs 2510, which is a 6.99% increase. It has outperformed its sector by 8.08% today, and the trading volume indicates rising investor participation, with a 38.64% increase in delivery volume compared to the 5-day average. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward momentum. However, there is no information available regarding positive or negative factors impacting the stock.

In the broader market context, the stock has shown a significant short-term return of +8.90% over the past week, contrasting sharply with the Sensex, which has declined by -2.18% during the same period. Over the last month, Lakshmi Engineering has also outperformed the benchmark, with a return of +2.10% compared to the Sensex's +0.70%. Despite a year-to-date return of +1.27%, which lags behind the Sensex's +2.85%, the stock's long-term performance remains impressive, with a 3-year return of +249.99% compared to the Sensex's +42.47%.
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