News and Views
Recent Price Movement and Market Comparison
Balmer Lawrie Investment Ltd’s stock has underperformed both its sector and broader market indices over multiple time frames. In the past week, the stock declined by 2.34%, nearly double the Sensex’s 1.18% fall. Year-to-date, the stock has dropped 2.10%, compared to the Sensex’s more modest 1.22% decline. Over the last year, the stock’s performance has been particularly disappointing, with a negative return of 7.69%, while the Sensex gained 7.72%. This stark contrast highlights the stock’s relative weakness amid a generally positive market environment.
On the day in question, the stock also underperformed its sector by 1.38%, touching an intraday low of ₹70.84, down 3.14%. Furthermore, Balmer Lawrie Investment is trading belo...
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