Why is Landmark Prop. falling/rising?
As of 13-Jun, Landmark Property Development Company Ltd's stock price is declining at 9.34, down 6.6%, and has underperformed its sector today. Despite recent increases in investor participation, the stock's year-to-date performance is down 8.79%, contrasting with the benchmark Sensex's gain of 3.81%.
As of 13-Jun, Landmark Property Development Company Ltd is experiencing a decline in its stock price, currently at 9.34, which reflects a decrease of 0.66 or 6.6%. The stock has underperformed its sector by 6.84% today, despite showing higher performance than its 5-day, 20-day, 50-day, and 100-day moving averages. Notably, the stock has seen a significant increase in investor participation, with a delivery volume of 2.3 lacs on June 12, marking a rise of 253.49% against the 5-day average. However, the stock's year-to-date performance is down by 8.79%, and it has also underperformed over the past year compared to the benchmark, which has increased by 5.61%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.Broader market context indicates that while Landmark's stock has shown a positive return of 7.36% over the past week and 13.76% over the past month, it is still lagging behind the benchmark index, Sensex, which has declined by only 1.30% in the same week and remained nearly flat over the past month. The year-to-date performance of the stock contrasts sharply with the Sensex's gain of 3.81%, highlighting a broader market resilience that the company has not matched. This divergence suggests that while there may be short-term gains, the overall trend for Landmark Property Development Company Ltd remains negative in the context of the broader market performance.
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