Why is Last Mile Enter. falling/rising?
As of 17-Nov, Last Mile Enterprises Ltd's stock price is at 13.03, down 2.47%, and has declined 7.13% over the last three days. The stock has significantly underperformed compared to the Sensex, with a year-to-date drop of 62.45%.
As of 17-Nov, Last Mile Enterprises Ltd is experiencing a decline in its stock price, currently at 13.03, which represents a decrease of 0.33 or 2.47%. The stock has underperformed its sector by 2.89% today and has been on a downward trend for the last three days, accumulating a total decline of 7.13%. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish sentiment. Over the past month, the stock has decreased by 3.70%, and year-to-date, it has plummeted by 62.45%. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.69% over the past week, Last Mile Enterprises Ltd's performance has been notably weaker, with a slight increase of only 0.23% in the same period. The stark contrast in performance is further highlighted by the year-to-date returns, where the stock has dropped significantly by 62.45%, while the Sensex has risen by 8.72%. This underperformance against the benchmark suggests a lack of investor confidence in Last Mile Enterprises Ltd, contributing to its declining stock price.
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