News and Views
Recent Price Movement and Market Comparison
Balmer Lawrie’s shares have been on a consistent decline over the past week, losing 5.15% compared to a marginal 0.06% dip in the Sensex during the same period. Over the last month, the stock has fallen 6.39%, while the Sensex gained 0.82%. Year-to-date, the stock is down 12.17%, in stark contrast to the Sensex’s 8.65% rise. This underperformance extends over the past year, with Balmer Lawrie’s shares declining 12.48% while the Sensex advanced 7.31%. Even though the stock has delivered positive returns over three and five years, these gains lag behind the benchmark’s performance, indicating recent challenges.
On 24-Nov, the stock underperformed its sector by 1.34%, hitting an intraday low of ₹186.30, down 2.15%. It has now tr...
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