Recent Price Movement and Market Context
Landmark Cars’ share price has been under pressure over the past month, declining by 8.60%, significantly underperforming the Sensex, which fell only marginally by 0.23% during the same period. The year-to-date performance is even more stark, with the stock down 20.88% while the Sensex has gained 8.12%. Over the last year, the stock has lost 22.65% in value, contrasting sharply with the Sensex’s 5.36% gain. This persistent underperformance highlights investor concerns about the company’s prospects.
On the day of the decline, the stock underperformed its sector by 3.2%, reversing gains made over the previous two days. Intraday, the share price touched a low of ₹493, representing a 4.31% drop from the previous close, with heavier ...
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