Stock Performance Against Benchmarks
Alankit Ltd has experienced significant losses over recent periods, markedly underperforming the broader market. Over the past week, the stock declined by 3.93%, compared to a modest 0.39% drop in the Sensex. The one-month performance is even more pronounced, with Alankit shedding 16.68% against the Sensex’s 3.74% fall. Year-to-date figures mirror this trend, with the stock down 16.53% while the Sensex has declined by just 3.95%. Over the last year, the disparity is stark: Alankit has lost over half its value, falling 50.87%, whereas the Sensex has gained 8.61%. Even on a longer horizon, the stock’s five-year return is negative 46.19%, contrasting sharply with the Sensex’s robust 72.66% gain.
Technical Indicators and Market ...
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