Why is Landmark Prop. falling/rising?
As of 05-Sep, Landmark Property Development Company Ltd's stock price is declining at 7.77, down 0.38%, with a total drop of 3.84% over the last two days. The stock is underperforming against the broader market and key moving averages, indicating a bearish trend and reduced investor interest.
As of 05-Sep, Landmark Property Development Company Ltd is experiencing a decline in its stock price, currently at 7.77, which reflects a decrease of 0.03 or 0.38%. The stock has been on a downward trend, having fallen consecutively for the last two days, resulting in a total decline of 3.84% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Furthermore, there has been a significant drop in investor participation, with delivery volume decreasing by 40.22% compared to the 5-day average, suggesting reduced interest in trading the stock. The stock's performance over the past week and month shows declines of 1.89% and 3.00%, respectively, while year-to-date returns are down by 24.12%.In the broader market context, the Sensex has shown a positive return of 1.13% over the past week, contrasting sharply with Landmark's negative performance. This disparity highlights the stock's underperformance relative to the benchmark index. While the stock has outperformed its sector by 0.29% today, the overall trend remains negative, with a significant decline in returns over the past year and year-to-date compared to the benchmark's positive performance. The lack of available positive factors further emphasizes the challenges facing Landmark Property Development Company Ltd in the current market environment.
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