Why is Likhami Consult. falling/rising?
As of 09-Sep, Likhami Consulting Ltd's stock price is Rs 396.90, down 2.0% and underperforming with a 55.01% year-to-date decline. The stock has seen a significant drop in delivery volume and has not kept pace with the broader market, which has shown positive returns.
As of 09-Sep, Likhami Consulting Ltd's stock price is currently at Rs 396.90, reflecting a decline of Rs 8.1 or 2.0%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 3.57% during this period. Additionally, the stock opened with a loss of 2% today and has not shown any price range movement since opening. The delivery volume has significantly decreased, falling by 92.02% compared to the 5-day average, indicating a decline in investor participation. In terms of performance against benchmarks, the stock has experienced a notable decline of 55.01% year-to-date, despite a strong 1-year return of 133.75%.In the broader market context, the Sensex has shown a positive return of 1.18% over the past week, contrasting sharply with Likhami Consulting's decline of 5.50% during the same period. This suggests that while the overall market is performing well, Likhami Consulting is struggling to keep pace. The stock's performance is further highlighted by its underperformance against the sector, which has seen a decline of 1.26% today. The combination of falling investor interest, lack of trading activity, and poor short-term returns compared to the benchmark indicates a challenging environment for Likhami Consulting Ltd.
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