Why is Libord Finance falling/rising?

Jun 23 2025 08:59 PM IST
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As of 23-Jun, Libord Finance Ltd's stock price is Rs 17.50, down 6.91%, and has underperformed its sector. The stock is in a bearish trend, trading below all key moving averages, with a significant drop in investor participation and a year-to-date decline of 37.30%.
As of 23-Jun, Libord Finance Ltd is experiencing a decline in its stock price, currently at Rs 17.50, reflecting a decrease of Rs 1.3 or 6.91%. The stock has underperformed its sector by 7.44% today and has been on a downward trend for the last two days, with a total return loss of 7.41% during this period. It opened with a gap down of 3.35% and reached an intraday low of Rs 17.50. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. There has also been a significant drop in investor participation, with delivery volume decreasing by 93.01% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's performance.

In the broader market context, Libord Finance's short-term performance has been notably poor, with a 1-week return of -7.65%, while the Sensex has shown a slight increase of 0.12% during the same period. Over the past month, the stock has declined by 12.59%, contrasting with the Sensex's modest gain of 0.22%. Year-to-date, Libord Finance has seen a significant drop of 37.30%, while the benchmark has risen by 4.81%. This stark contrast highlights the stock's struggle in the current market environment, further exacerbated by its recent performance metrics and declining investor interest.
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