News and Views
Recent Price Performance and Market Context
The stock has been on a downward trajectory for the past three consecutive days, accumulating a loss of 7.33% during this period. This short-term weakness is further underscored by the stock’s underperformance relative to its sector, lagging by 1.16% on the day. When compared to the benchmark Sensex, Ashapuri Gold’s returns have been significantly weaker. Over the past week, the stock declined by 5.18%, while the Sensex fell by only 1.73%. The one-month and year-to-date figures reveal a similar pattern, with Ashapuri Gold dropping 8.92% and 7.01% respectively, against Sensex declines of 3.24% and 3.57%. Most strikingly, over the last year, the stock has plummeted by 40.07%, whereas the Sensex has gained 6.63% in the same period.
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