Short-Term Price Performance and Market Comparison
Amic Forging’s recent price trajectory shows a notable divergence from benchmark indices. Over the past week, the stock has declined by 6.05%, while the Sensex gained 0.50% during the same period. Similarly, the one-month return for Amic Forging stands at -2.31%, contrasting with the Sensex’s positive 1.66% gain. These figures indicate that the stock has underperformed the broader market in the near term, contributing to the current price weakness.
However, the stock’s year-to-date (YTD) return of 7.45% remains positive, albeit slightly below the Sensex’s 9.56% gain. More impressively, Amic Forging has outpaced the benchmark over the last year, delivering a 17.14% return compared to the Sensex’s 7.01%. This suggests th...
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