Why is Landmark Prop. falling/rising?
As of 18-Sep, Landmark Property Development Company Ltd is priced at 7.74, showing a slight increase but trading below all key moving averages, indicating a bearish trend. The stock has underperformed significantly compared to the Sensex, with a year-to-date decline of 24.41% against the benchmark's gain of 6.24%.
As of 18-Sep, Landmark Property Development Company Ltd is currently priced at 7.74, reflecting an increase of 0.04 or 0.52%. The stock has been gaining for the last two days, with a total return of 0.91% during this period. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the longer term. Additionally, investor participation has decreased, with delivery volume falling by 6.29% compared to the 5-day average. The stock has underperformed in the short term, with a 1-week return of -1.65% and a 1-month return of -3.25%, while the benchmark Sensex has shown positive returns of +1.80% and +2.14%, respectively.In the broader market context, the stock's performance has been significantly weaker compared to the Sensex, particularly over the year-to-date period, where it has declined by 24.41% against the benchmark's gain of 6.24%. This stark contrast highlights the challenges faced by Landmark Property Development Company Ltd in attracting investor interest, especially given the falling delivery volumes and its underperformance relative to the market. The lack of available positive or negative dashboard data further complicates the assessment of the stock's recent movements, leaving a gap in understanding the specific catalysts behind its current price action.
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