Why is Landmark Global falling/rising?
As of 24-Sep, Landmark Global Learning Ltd's stock price is Rs 51.80, down 4.45%, and has significantly underperformed its sector and the broader market. The stock shows a bearish trend with declining trading activity and negative investor sentiment.
As of 24-Sep, Landmark Global Learning Ltd's stock price is currently at Rs 51.80, reflecting a decrease of Rs 2.41 or 4.45%. The stock has underperformed its sector by 3.48% today and has shown erratic trading patterns, not trading on one day out of the last 20. It reached an intraday low of Rs 50, which represents a decline of 7.77%. Furthermore, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 31.58% compared to the 5-day average. There is no information available regarding positive or negative factors impacting the stock.In the broader market context, Landmark Global's performance over the past week shows a decline of 13.59%, while the Sensex has only decreased by 1.18%. This stark contrast highlights the stock's underperformance relative to the benchmark. Over the past month, the stock has declined by 14.17%, while the Sensex has gained 0.50%, further emphasizing the stock's weakness in comparison to the overall market. The lack of positive factors and the significant drop in trading activity suggest that investor sentiment is currently negative, contributing to the stock's downward movement.
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