Why is Landmark Prop. falling/rising?
As of 22-Sep, Landmark Property Development Company Ltd's stock price has risen by 1.57% to 7.77, but it has underperformed year-to-date with a decline of 24.12% compared to the Sensex's gain of 5.15%. Despite a recent increase in investor participation, the stock remains lower than several moving averages and has shown weak performance relative to the broader market.
As of 22-Sep, Landmark Property Development Company Ltd has seen its stock price rise by 0.12, or 1.57%, reaching a current price of 7.77. Today's price summary indicates that the stock has outperformed its sector by 1.64%. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 28.66% compared to the 5-day average. However, the stock's performance over the past month shows a decline of 1.02%, and year-to-date, it has fallen by 24.12%. The stock is currently trading higher than its 5-day moving average but lower than its 20-day, 50-day, 100-day, and 200-day moving averages. There is no information available regarding positive or negative factors impacting the stock.In the broader market context, the stock's short-term performance has been relatively weak compared to the benchmark, with a 1-week return of 0.00% against the Sensex's 0.46% gain. Over the past month, while the stock has decreased by 1.02%, the Sensex has increased by 1.05%. Year-to-date, the stark contrast continues, with Landmark's decline of 24.12% compared to the Sensex's rise of 5.15%. This indicates that while the stock has seen a slight uptick recently, it remains underperforming relative to the broader market trends.
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