Why is Leo Dryfruits falling/rising?
As of 11-Sep, Leo Dryfruits & Spices Trading Ltd's stock price is Rs 72.50, down 2.03%, and has declined 7.58% over the last three days. The stock has significantly underperformed its sector and the broader market, indicating weak investor sentiment.
As of 11-Sep, Leo Dryfruits & Spices Trading Ltd is experiencing a decline in its stock price, currently at Rs 72.50, which represents a decrease of Rs 1.5 or 2.03%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 7.58% during this period. Today, it opened with a loss of 2.7% and reached an intraday low of Rs 72. Additionally, the stock has underperformed its sector by 1.91%. The delivery volume has significantly decreased, falling by 84.85% against the 5-day average, indicating a drop in investor participation. There is no information available regarding positive or negative factors that could influence the stock's recent movement.Broader market context shows that over the past week, Leo Dryfruits has declined by 3.97%, while the Sensex has increased by 1.03%, highlighting a stark contrast in performance. Similarly, in the last month, the stock has dropped by 3.85%, while the benchmark has risen by 1.17%. This underperformance against the broader market suggests that investor sentiment towards Leo Dryfruits is weak compared to the overall market trends.
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