Why is Vera Synthetic falling/rising?
As of 25-Sep, Vera Synthetic Ltd's stock price is flat at 100.50, with no change. Despite recent weekly declines, the stock has a positive year-to-date return of 5.24% and has significantly outperformed the Sensex over the past year and three years.
As of 25-Sep, Vera Synthetic Ltd's stock price is currently flat at 100.50, with no change (0.00%). The stock has underperformed in the weekly context, having fallen every week for the last eight weeks, resulting in 0% returns during this period. However, it has shown a positive year-to-date return of 5.24%, which is slightly below the Sensex's return of 5.27%. Over the past year, the stock has performed significantly better than the benchmark, with a return of 15.52% compared to the Sensex's decline of 4.28%. The stock's performance today has outperformed its sector by 1.13%, indicating some positive investor sentiment despite the recent weekly declines. There is no information available regarding positive or negative factors that could impact the stock's recent movement.In the broader market context, the stock's recent performance contrasts with the Sensex, which has seen a decline of 2.10% over the past week. While Vera Synthetic has maintained a flat performance in the short term, its long-term returns, particularly over three years, show a substantial increase of 286.54%, significantly outpacing the Sensex's 43.65% return in the same period. This suggests that while the stock may be facing short-term challenges, its long-term trajectory remains strong compared to the broader market.
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