News and Views
Recent Price Movements and Market Performance
On 09-Dec, the stock hit a new 52-week low at ₹88.14, signalling sustained selling pressure. Over the past week, Bhansali Engineering’s shares have declined by 4.18%, significantly underperforming the Sensex, which fell only 0.55% in the same period. The one-month performance is even more stark, with the stock down 8.23% while the Sensex gained 1.74%. Year-to-date, the stock has plummeted 35.78%, contrasting sharply with the Sensex’s 8.35% rise. Over the last year, the stock’s return stands at a negative 37.82%, whereas the benchmark index has appreciated by 3.87%. These figures highlight a persistent downward trajectory that has not been mirrored by the broader market.
Adding to the bearish momentum, Bhansali Engineering h...
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