News and Views
Strong Recent Price Performance and Market Outperformance
Bhakti Gems has demonstrated impressive price appreciation over multiple timeframes, significantly outpacing benchmark indices such as the Sensex. Over the past week, the stock surged by 5.08%, compared to the Sensex’s modest 0.56% gain. The momentum extends over longer periods, with a one-month return of 15.78% against the Sensex’s 1.27%, and a remarkable year-to-date gain of 87.34%, dwarfing the benchmark’s 9.68% rise. Even over the last year and three years, the stock has outperformed the broader market by wide margins, delivering returns of 73.96% and 73.20% respectively, compared to Sensex returns of 8.43% and 37.12%.
On the day in question, Bhakti Gems hit a new 52-week high of ₹27.53, reflecting strong bu...
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