News and ViewsRecent Price Movement and Market Performance
Arvind Ltd’s shares have underperformed both the broader market and its sector peers in recent weeks. Over the last week, the stock declined by 5.99%, significantly lagging the Sensex’s modest 0.63% fall. On a one-month basis, the stock is down 1.28%, while the Sensex has gained 2.27%. Year-to-date, the divergence is even more pronounced, with Arvind Ltd’s shares down 21.01% compared to the Sensex’s 8.91% rise. This underperformance extends over the past year, where the stock has lost 18.28% while the benchmark index gained 4.15%.
On the day in question, the stock touched an intraday low of ₹318.95, down 3.8%, with a weighted average price indicating that more volume was traded near this lower price point. The stock’s moving...
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