News and ViewsRecent Price Movement and Market Context
Accel’s decline on 08-Dec is part of a sustained period of underperformance relative to the Sensex and its IT - Hardware sector peers. Over the past week, the stock has dropped 2.07%, compared to a more modest 0.63% fall in the Sensex. The divergence becomes more pronounced over longer periods, with Accel down 6.73% in the last month while the Sensex gained 2.27%. Year-to-date, Accel has suffered a steep 33.21% loss, in stark contrast to the Sensex’s 8.91% rise. Over one year, the stock’s decline of 36.83% contrasts sharply with the Sensex’s 4.15% gain, highlighting persistent weakness in Accel’s share price.
Even over three and five years, Accel’s returns lag the benchmark significantly, with a 9.54% loss over three years versu...
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