Landmark Cars Hits 52-Week Low, Receives 'Strong Sell' Rating from MarketsMOJO

Landmark Cars, a smallcap company in the auto ancillary industry, has recently hit a 52-week low on August 13, 2024. This has led to a 'Strong Sell' call by MarketsMOJO, a leading stock market analysis platform.

The stock price of Landmark Cars has been on a downward trend, with today's low of Rs.599.4 being the lowest in the past 52 weeks. Despite outperforming the sector by 0.95% today, the stock has been consistently falling for the past two days and has seen a negative return of -0.9% during this period.

In addition, Landmark Cars is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the stock.

Compared to the performance of the Sensex, which has seen a positive return of 20.87% in the past year, Landmark Cars has underperformed with a negative return of -16.15%.

While the company's current stock performance may be a cause for concern, it is important to note that this is a smallcap company in a highly competitive industry. Investors should carefully consider all factors before making any investment decisions.