News and Views
Recent Price Movement and Market Context
On 24 November, Ashapuri Gold’s shares fell by ₹0.13, or 2.17%, closing near its 52-week low, just 4.1% above the lowest price of ₹5.62 recorded over the past year. This decline is part of a broader negative trend, with the stock losing 4.09% over the past week and 3.46% in the last month. These losses stand in stark contrast to the benchmark Sensex, which has remained relatively stable, gaining 0.82% over the month and showing a modest 8.65% rise year-to-date.
The stock’s underperformance extends over longer periods as well. Over the past year, Ashapuri Gold’s shares have dropped by 41.63%, while the Sensex has appreciated by 7.31%. Even over three and five years, the stock’s returns lag behind the benchmark, with a 4.69% loss ...
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