Why is Leo Dryfruits falling/rising?
As of 08-Aug, Leo Dryfruits & Spices Trading Ltd's stock price is at 74.00, down 0.26% and has declined for three consecutive days, totaling a 4.95% drop. Despite recent struggles, it has outperformed its sector today and shown better performance over the past month compared to the broader market.
As of 08-Aug, Leo Dryfruits & Spices Trading Ltd is experiencing a decline in its stock price, currently at 74.00, reflecting a decrease of 0.19 or 0.26%. The stock has been on a downward trend, losing value for the last three consecutive days and showing a total decline of 4.95% during this period. Additionally, the stock's performance today has outperformed its sector by 0.9%, but it has underperformed in the past week with a return of -2.63%. The delivery volume has significantly decreased, falling by 86.67% compared to the 5-day average, indicating a drop in investor participation. There is no information available regarding positive or negative factors impacting the stock.Broader Market Context: In comparison to the benchmark, the Sensex has also seen a decline of 0.92% over the past week, suggesting that the broader market is experiencing downward pressure as well. However, Leo Dryfruits has managed to perform better than the benchmark in the short term, despite its recent struggles. The stock's returns over the past month show a slight increase of 1.23%, contrasting with the Sensex's decline of 4.60%, indicating that while the stock is currently falling, it has had a relatively better performance compared to the overall market in the longer term.
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