Why is Lerthai Finance falling/rising?

Jun 23 2025 09:27 PM IST
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As of 23-Jun, Lerthai Finance Ltd. is facing a significant decline in its stock price, currently at Rs. 342.25, marking a 5.0% drop and a new 52-week low. The stock has underperformed its sector and the broader market, with a year-to-date decrease of 33.48%.
As of 23-Jun, Lerthai Finance Ltd. is experiencing a decline in its stock price, currently at Rs. 342.25, which represents a decrease of Rs. 18.0 or 5.0%. The stock has hit a new 52-week low today and has underperformed its sector by 7.75%. It has been on a consecutive downward trend for the last three days, resulting in a total drop of 13.5% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also significantly decreased, falling by 84.04% against the 5-day average, suggesting a lack of investor interest. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.

In the broader market context, Lerthai Finance's performance over the past week shows a decline of 9.46%, while the benchmark Sensex has increased by 0.12%. Over the past month, the stock has dropped 37.20%, contrasting sharply with the Sensex's modest gain of 0.22%. Year-to-date, Lerthai Finance has decreased by 33.48%, while the Sensex has risen by 4.81%. This stark difference highlights the stock's underperformance relative to the broader market, contributing to the negative sentiment surrounding it.
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