Why is Likhami Consult. falling/rising?
As of 22-Sep, Likhami Consulting Ltd's stock price is at 389.00, down 1.99% today and significantly underperforming year-to-date with a drop of 55.90%. Despite a positive return of 72.39% over the past year, recent erratic trading and declining investor participation have contributed to its current struggles.
As of 22-Sep, Likhami Consulting Ltd's stock price is currently at 389.00, reflecting a decrease of 7.9, or 1.99%. The stock has underperformed its sector by 1.28% today and has shown erratic trading patterns, not trading on 5 out of the last 20 days. It has remained flat, opening and trading at the same price of 389. The stock's performance over the past week shows a decline of 1.99%, while it has gained 2.91% over the past month. However, year-to-date, it has significantly underperformed with a drop of 55.90%. The delivery volume has also fallen dramatically, indicating a decline in investor participation, which may contribute to the stock's recent downward movement. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.In the broader market context, Likhami Consulting Ltd's recent performance contrasts with the Sensex, which has increased by 0.46% over the past week. While the stock has shown a positive return of 72.39% over the past year, its year-to-date performance is starkly negative compared to the Sensex's gain of 5.15%. This suggests that while the stock has had strong long-term growth, its current struggles may be exacerbated by broader market conditions and a lack of investor interest, leading to its recent decline.
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