Why is Le Lavoir falling/rising?
As of 19-Nov, Le Lavoir Ltd's stock price is Rs 228.80, down 4.94%, and has underperformed significantly against the Sensex, with a 1-week return of -8.68%. The stock is in a bearish trend, trading below all major moving averages, despite increased investor participation.
As of 19-Nov, Le Lavoir Ltd's stock price is currently at Rs 228.80, reflecting a decline of Rs 11.9 or 4.94%. The stock has been underperforming, having lost 9.69% over the last two days and opened with a loss of 4.99% today. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, despite the recent price drop, there has been a notable increase in investor participation, with delivery volume rising by 83.05% compared to the 5-day average. Unfortunately, there is no information available regarding any specific positive or negative factors impacting the stock.Broader market context shows that Le Lavoir's performance has significantly lagged behind the Sensex, with a 1-week return of -8.68% compared to the benchmark's +0.85%. Over the past month, the stock has decreased by 23.73%, while the Sensex has gained 1.47%. This stark contrast highlights the stock's struggles in the current market environment, further exacerbated by its consecutive falls and underperformance against the sector.
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