Why is Landmark Prop. falling/rising?
As of 04-Sep, Landmark Property Development Company Ltd's stock price is 7.80, down 3.47%, and has underperformed its sector and the broader market significantly, with a year-to-date decline of 23.83%. The decrease in investor participation and consistent trading below moving averages indicate ongoing challenges for the company.
As of 04-Sep, Landmark Property Development Company Ltd is experiencing a decline in its stock price, currently at 7.80, which reflects a decrease of 0.28 or 3.47%. The stock has underperformed its sector today by 2.66%, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 9.63% compared to the 5-day average. Over the past week, the stock has decreased by 1.52%, and it has seen a significant decline of 23.83% year-to-date, indicating ongoing challenges for the company.In the broader market context, while the Sensex has shown a positive return of 0.80% over the past week, Landmark Property Development Company Ltd's performance has been negative, highlighting a stark contrast to the benchmark. The stock's year-to-date performance is also significantly worse than the Sensex, which has gained 3.30% during the same period. This underperformance relative to the market suggests that investor sentiment may be weak, contributing to the stock's recent decline.
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