Why is Landmark Prop. falling/rising?
As of 19-Sep, Landmark Property Development Company Ltd's stock price is declining at 7.65, down 1.16%, and underperforming its sector. It is trading below all major moving averages and has a year-to-date decline of 25.29%, indicating weak investor interest and a bearish trend.
As of 19-Sep, Landmark Property Development Company Ltd is experiencing a decline in its stock price, currently at 7.65, which reflects a decrease of 0.09 or 1.16%. The stock has underperformed its sector by 1.46% today and has fallen after two consecutive days of gains. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume on 18 September was 21.73k, which represents a drop of 5.72% compared to the 5-day average, suggesting a decrease in investor participation. The stock has also shown significant underperformance over various periods, with a year-to-date decline of 25.29% compared to a 5.74% increase in the benchmark index.In the broader market context, the stock's short-term performance has been notably weaker than the benchmark, with a 1-week return of -1.80% compared to the Sensex's gain of 0.88%. This trend of underperformance is consistent with the stock's longer-term returns, where it has lagged behind the benchmark over the past month and year. The overall market conditions appear to favor the benchmark, while Landmark Property Development Company Ltd struggles to attract investor interest, contributing to its declining stock price.
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