Why is Landmark Prop. falling/rising?
As of 08-Sep, Landmark Property Development Company Ltd is priced at 7.80, showing a slight increase but trading below key moving averages, indicating a bearish trend. The stock has declined 23.83% year-to-date, underperforming the benchmark index, which has gained 3.39%.
As of 08-Sep, Landmark Property Development Company Ltd is currently priced at 7.80, reflecting a slight increase of 0.03 or 0.39%. The stock has shown a trend reversal by gaining after two consecutive days of decline. However, it 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 64.3% compared to the 5-day average. Over the past week, the stock has decreased by 1.02%, while it has gained 0.52% over the past month. Year-to-date, the stock is down 23.83%, contrasting with a 3.39% increase in the benchmark index.In the broader market context, the Sensex has outperformed Landmark Property Development Company Ltd in the short term, gaining 0.53% over the past week compared to the stock's decline. While the stock has shown some recovery today, its overall performance remains weak, particularly when viewed against the benchmark's positive trajectory. The stock's year-to-date performance is notably poor, with a decline of 23.83%, while the Sensex has increased by 3.39%. This disparity highlights the challenges facing Landmark Property Development Company Ltd in attracting investor interest amid a generally positive market environment.
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