Why is Likhami Consult. falling/rising?
As of 06-Oct, Likhami Consulting Ltd's stock price is Rs 348.65, down 5.0% and underperforming its sector. The stock has shown significant declines over the past month and year-to-date, contrasting with positive broader market trends.
As of 06-Oct, Likhami Consulting Ltd's stock price is currently at Rs 348.65, reflecting a decline of Rs 18.35 or 5.0%. The stock has been underperforming, with a consecutive fall over the last two days and a total return of -6.88% in the past week. Additionally, the stock's performance today has underperformed its sector by 4.97%. It has also shown erratic trading patterns, not trading on 4 out of the last 20 days, and has experienced a significant drop in delivery volume, which fell by 68.75% against the 5-day average. The stock's returns have been notably poor over the past month and year-to-date, with declines of 15.29% and 60.48%, respectively, although it has shown some positive performance over the longer term, with a 121.37% increase over three years and a 571.13% increase over five years.In the broader market context, the Sensex has shown positive movement, gaining 1.77% over the past week and 4.67% year-to-date, contrasting sharply with Likhami Consulting's negative returns. This divergence indicates that while the overall market is experiencing growth, Likhami Consulting is struggling significantly, which may be contributing to investor sentiment and the stock's recent decline. The stock's performance relative to the benchmark highlights its underperformance, suggesting that external market conditions are not favoring the company at this time.
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