News and Views
Recent Price Movement and Relative Performance
Asian Hotels (East) has experienced a sustained downward trajectory over multiple time frames. In the past week, the stock fell by 6.40%, significantly underperforming the Sensex, which declined by only 0.63% during the same period. The one-month performance further emphasises this trend, with the stock dropping 10.28% while the Sensex gained 2.27%. Year-to-date figures reveal a stark contrast: Asian Hotels (East) is down 24.23%, whereas the Sensex has risen by 8.91%. Over the last year, the stock’s decline of 24.49% contrasts with the Sensex’s modest 4.15% gain. Even over longer horizons such as three and five years, the stock’s returns of 9.01% and 42.84% respectively lag well behind the Sensex’s 36.01% and 86.59% gains.
