Why is Laxmi Dental falling/rising?

Sep 24 2025 11:58 PM IST
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As of 24-Sep, Laxmi Dental Ltd's stock price is declining at 330.00, down 2.91%, and underperforming its sector and the broader market significantly. The stock is trading below all major moving averages, indicating a bearish trend, with a notable drop in investor participation.
As of 24-Sep, Laxmi Dental Ltd is experiencing a decline in its stock price, currently at 330.00, which reflects a decrease of 9.9 points or 2.91%. The stock has underperformed its sector by 3.82% today, reaching an intraday low of Rs 328, which is a drop of 3.5%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Furthermore, there has been a significant drop in investor participation, with delivery volume on 23 September falling by 87.84% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors affecting the stock.

In the broader market context, Laxmi Dental's performance over the past week shows a decline of 6.18%, while the benchmark Sensex has only decreased by 1.18%. This indicates that Laxmi Dental is underperforming relative to the market. Over the past month, the stock has also fallen by 5.71%, contrasting with a slight increase of 0.50% in the Sensex. This persistent underperformance suggests that the stock is facing challenges that are not affecting the broader market to the same extent.
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