Why is Leo Dryfruits falling/rising?
As of 24-Sep, Leo Dryfruits & Spices Trading Ltd is currently priced at Rs 72.79, reflecting a 4.69% increase and outperforming its sector today. Despite a recent decline over the past month, the stock's significant rise in delivery volume suggests increased investor interest.
As of 24-Sep, Leo Dryfruits & Spices Trading Ltd is experiencing a price increase, currently at Rs 72.79, which reflects a rise of 3.26 or 4.69%. The stock has outperformed its sector by 4% today, reaching an intraday high of Rs 72.98. Notably, the stock's delivery volume has surged by 201.98% compared to the 5-day average, indicating rising investor participation. While the stock has shown a slight increase of 0.75% over the past week, it has declined by 5.47% over the past month. The stock is currently trading above its 5-day and 200-day moving averages, although it is below the 20-day, 50-day, and 100-day moving averages.In the broader market context, the Sensex has decreased by 1.18% over the past week, contrasting with Leo Dryfruits' positive short-term performance. This suggests that the stock's rise may be driven by company-specific factors rather than overall market trends. The Sensex has gained 0.50% over the past month, while Leo Dryfruits has faced a decline, indicating that the stock's recent upward movement is notable against a backdrop of broader market weakness.
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