Why is Landmarc Leisur. falling/rising?
As of 12-Nov, Landmarc Leisure Corporation Ltd's stock price is declining at 3.08, down 1.91% and has fallen 17.2% over the last 10 days. Despite recent struggles, it has a year-to-date increase of 29.41%, indicating a potential disconnect between current market sentiment and its historical performance.
As of 12-Nov, Landmarc Leisure Corporation Ltd is experiencing a decline in its stock price, currently at 3.08, which reflects a decrease of 0.06 or 1.91%. The stock has been underperforming, having fallen consecutively for the last 10 days, resulting in a total decline of 17.2% during this period. Additionally, the stock's performance today has underperformed its sector by 2.6%. Despite having higher prices than the 50-day, 100-day, and 200-day moving averages, it is currently lower than the 5-day and 20-day moving averages. Furthermore, there has been a significant drop in investor participation, with delivery volume decreasing by 21.89% compared to the 5-day average.In the broader market context, the stock's short-term performance has been notably poor, with a 1-week return of -8.88%, contrasting sharply with the Sensex, which has gained 1.21% in the same timeframe. However, over the longer term, Landmarc Leisure has shown positive returns, with a year-to-date increase of 29.41% compared to the Sensex's 8.10%. This indicates that while the stock has been struggling recently, it has performed well over the longer term, suggesting a potential disconnect between current market sentiment and its historical performance.
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