Why is Leo Dryfruits falling/rising?

Jun 10 2025 11:34 PM IST
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As of 10-Jun, Leo Dryfruits & Spices Trading Ltd's stock price is Rs 77.21, down 4.94% and has declined 14.16% over the last three days. Despite recent underperformance, the stock has a strong monthly return of 45.68%, contrasting with the Sensex's 3.70% increase.
As of 10-Jun, Leo Dryfruits & Spices Trading Ltd is experiencing a decline in its stock price, currently at Rs 77.21, which represents a decrease of 4.01 or 4.94%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 14.16% during this period. Today's performance reflects a significant opening gap down of 4.58%, and the stock has traded within a narrow range of Rs 0.44. Additionally, the stock's delivery volume has decreased by 38.07% compared to the 5-day average, indicating falling investor participation. While the stock is currently above its 20-day, 50-day, 100-day, and 200-day moving averages, it is below the 5-day moving average, suggesting a short-term weakness. There is no information available regarding positive or negative factors that could influence the stock's recent movement.

In the broader market context, the stock's performance over the past week shows a decline of 10.61%, contrasting sharply with the Sensex, which has gained 2.05% during the same period. This underperformance highlights a significant divergence from the benchmark, indicating that while the overall market has been rising, Leo Dryfruits has struggled to maintain its value. Over the past month, however, the stock has shown a strong return of 45.68%, outpacing the Sensex's 3.70% increase, suggesting that despite recent declines, there was a period of strong performance that may have contributed to heightened volatility.
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