Why is Landmark Prop. falling/rising?
As of 16-Sep, Landmark Property Development Company Ltd's stock price is 7.67, down 1.29%, and has underperformed its sector by 2.34%. The stock has declined 25.10% year-to-date and 31.76% over the past year, indicating ongoing challenges despite a generally favorable market.
As of 16-Sep, Landmark Property Development Company Ltd is experiencing a decline in its stock price, currently at 7.67, which reflects a decrease of 0.1 or 1.29%. The stock has underperformed its sector by 2.34% today and has been on a downward trend for the last three days, accumulating a total loss of 2.54% 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 sentiment. The delivery volume has also decreased by 7.31% compared to the 5-day average, suggesting a decline in investor participation. Year-to-date, the stock has fallen significantly by 25.10%, while its performance over the past year shows a decline of 31.76%, reflecting ongoing challenges for the company.In the broader market context, the Sensex has shown a positive return of 1.58% over the past week, contrasting sharply with Landmark's decline of 2.42% during the same period. While the benchmark has gained 2.21% over the past month, Landmark's performance has been relatively stagnant with a modest increase of 1.86%. This disparity highlights the stock's struggles against a generally favorable market backdrop, where the Sensex has risen by 5.43% year-to-date, further emphasizing the challenges faced by Landmark Property Development Company Ltd in attracting investor confidence amidst a recovering market.
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