Why is Laxmi Goldorna falling/rising?

Oct 29 2025 01:48 AM IST
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As of 28-Oct, Laxmi Goldorna House Ltd's stock price is declining at 277.45, down 2.2%, with a significant drop of 13.54% over the past week and 26.44% over the past month. Despite recent challenges, the company shows strong long-term growth with a 63.42% increase in annual operating profit and 111.40% returns over the last year.
As of 28-Oct, Laxmi Goldorna House Ltd is experiencing a decline in its stock price, currently at 277.45, reflecting a decrease of 6.25, or 2.2%. The stock has underperformed its sector by 1.3% today and is trading lower than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains above the 200-day moving average. Over the past week, the stock has seen a significant drop of 13.54%, and over the past month, it has decreased by 26.44%. Despite these short-term challenges, the company has demonstrated healthy long-term growth, with an annual operating profit increase of 63.42% and impressive returns of 111.40% over the last year, outperforming the BSE500 consistently over the past three years.

In the broader market context, while Laxmi Goldorna's recent performance has been negative, the benchmark Sensex has shown a slight increase of 0.26% over the past week and a more substantial gain of 5.20% over the past month. This indicates that the stock's decline is not reflective of the overall market trend, which has been positive. The rising investor participation, as evidenced by a 7.78% increase in delivery volume, suggests some level of interest in the stock, despite its current underperformance. The liquidity of the stock remains adequate for trading, which may provide opportunities for recovery in the future.
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